E.On Se (EOAN) Receives Consensus Rating of “Hold” from Analysts
Shares of E.On Se (FRA:EOAN) have received a consensus recommendation of “Hold” from the twenty research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is €10.28 ($11.95).
A number of brokerages recently issued reports on EOAN. Jefferies Financial Group set a €8.20 ($9.53) price objective on shares of E.On and gave the stock a “sell” rating in a report on Monday. Nord/LB set a €13.00 ($15.12) price target on shares of E.On and gave the company a “buy” rating in a report on Thursday. Berenberg Bank set a €9.00 ($10.47) price target on shares of E.On and gave the company a “neutral” rating in a report on Thursday. Oddo Bhf set a €10.60 ($12.33) price target on shares of E.On and gave the company a “neutral” rating in a report on Wednesday, May 15th. Finally, Independent Research set a €9.90 ($11.51) price target on shares of E.On and gave the company a “neutral” rating in a report on Tuesday, May 14th.
Shares of FRA:EOAN opened at €9.37 ($10.89) on Monday. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56).
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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