Jefferies Financial Group Analysts Give E.On (FRA:EOAN) a €8.20 Price Target
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.
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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