E.On Se (FRA:EOAN) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.45 and traded as high as $8.88. E.On shares last traded at $8.83, with a volume of 9,355,627 shares changing hands.

A number of equities research analysts have weighed in on EOAN shares. Barclays set a €9.50 ($11.05) target price on E.On and gave the company a “buy” rating in a research report on Tuesday, August 27th. Sanford C. Bernstein set a €11.00 ($12.79) target price on E.On and gave the company a “buy” rating in a research report on Friday, September 6th. Goldman Sachs Group set a €8.95 ($10.41) target price on E.On and gave the company a “sell” rating in a research report on Wednesday, August 14th. Royal Bank of Canada set a €10.00 ($11.63) target price on E.On and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Finally, Independent Research set a €9.30 ($10.81) target price on E.On and gave the company a “neutral” rating in a research report on Friday, September 6th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company’s stock. E.On presently has a consensus rating of “Hold” and a consensus target price of €9.88 ($11.49).

The company has a 50-day moving average price of €8.73 and a 200 day moving average price of €9.45.

E.On Company Profile (FRA:EOAN)

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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