Nord/LB set a €13.00 ($15.12) price target on E.On (FRA:EOAN) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts have also issued reports on the stock. UBS Group set a €9.30 ($10.81) target price on shares of E.On and gave the company a neutral rating in a research report on Friday, November 29th. Morgan Stanley set a €9.50 ($11.05) price target on shares of E.On and gave the stock a neutral rating in a research report on Monday. Barclays set a €9.50 ($11.05) price target on shares of E.On and gave the stock a buy rating in a research note on Friday, November 29th. Independent Research set a €9.70 ($11.28) price objective on shares of E.On and gave the company a neutral rating in a report on Friday, November 29th. Finally, HSBC set a €10.00 ($11.63) price objective on shares of E.On and gave the company a buy rating in a research note on Thursday, September 26th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. E.On presently has a consensus rating of Hold and a consensus price target of €9.70 ($11.28).
Shares of FRA EOAN opened at €9.19 ($10.68) on Monday. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week high of €10.80 ($12.56). The firm’s 50-day simple moving average is €9.04 and its 200 day simple moving average is €9.13.
E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.
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