E.On (FRA:EOAN) PT Set at €8.80 by UBS Group
UBS Group set a €8.80 ($10.23) target price on E.On (FRA:EOAN) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts also recently weighed in on EOAN. Sanford C. Bernstein set a €11.00 ($12.79) price target on E.On and gave the company a buy rating in a research note on Friday, September 6th. DZ Bank restated a sell rating on shares of E.On in a research note on Tuesday, September 17th. Jefferies Financial Group set a €7.80 ($9.07) price target on E.On and gave the company a neutral rating in a research note on Monday, August 19th. Royal Bank of Canada set a €10.00 ($11.63) price target on E.On and gave the company a neutral rating in a research note on Wednesday, August 7th. Finally, Barclays set a €9.50 ($11.05) price target on E.On and gave the company a buy rating in a research note on Tuesday, September 17th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. E.On currently has an average rating of Hold and a consensus price target of €9.65 ($11.22).
E.On stock opened at €9.02 ($10.49) on Friday. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56). The stock’s 50 day moving average price is €8.64 and its 200 day moving average price is €9.42.
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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