JPMorgan Chase & Co. set a €7.75 ($9.01) price objective on E.On (FRA:EOAN) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other research firms have also recently commented on EOAN. Goldman Sachs Group set a €8.95 ($10.41) price target on E.On and gave the stock a sell rating in a research note on Wednesday, August 14th. Royal Bank of Canada set a €10.00 ($11.63) price target on E.On and gave the stock a neutral rating in a research note on Wednesday, August 7th. DZ Bank reiterated a sell rating on shares of E.On in a research note on Wednesday, August 7th. Jefferies Financial Group set a €8.20 ($9.53) price target on E.On and gave the stock a sell rating in a research note on Wednesday, August 7th. Finally, UBS Group set a €9.65 ($11.22) price objective on E.On and gave the company a neutral rating in a research note on Tuesday, August 13th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €9.93 ($11.55).

FRA:EOAN opened at €8.10 ($9.42) on Monday. E.On has a one year low of €6.70 ($7.79) and a one year high of €10.80 ($12.56). The business’s 50-day simple moving average is €9.08 and its 200 day simple moving average is €9.54.

E.On Company Profile

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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Analyst Recommendations for E.On (FRA:EOAN)

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