Jefferies Financial Group set a €8.20 ($9.53) target price on E.On (FRA:EOAN) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

EOAN has been the subject of several other reports. Nord/LB set a €13.00 ($15.12) price objective on E.On and gave the stock a buy rating in a research note on Thursday, May 16th. Independent Research set a €9.90 ($11.51) price objective on E.On and gave the stock a neutral rating in a research note on Tuesday, May 14th. UBS Group set a €9.65 ($11.22) price objective on E.On and gave the stock a neutral rating in a research note on Monday, May 13th. Kepler Capital Markets set a €11.00 ($12.79) price objective on E.On and gave the stock a buy rating in a research note on Monday, May 13th. Finally, HSBC set a €11.30 ($13.14) price objective on E.On and gave the stock a buy rating in a research note on Thursday, April 25th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €10.10 ($11.74).

Shares of FRA:EOAN opened at €8.41 ($9.77) on Wednesday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The business has a 50-day moving average price of €9.45.

About E.On

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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