JPMorgan Chase & Co. Analysts Give E.On (FRA:EOAN) a €7.75 Price Target

JPMorgan Chase & Co. set a €7.75 ($9.01) target price on E.On (FRA:EOAN) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

EOAN has been the subject of a number of other reports. HSBC set a €10.00 ($11.63) price objective on E.On and gave the stock a buy rating in a research report on Monday, August 12th. DZ Bank reaffirmed a sell rating on shares of E.On in a research note on Wednesday, August 7th. Barclays set a €10.00 ($11.63) price target on E.On and gave the stock a neutral rating in a research note on Wednesday, August 7th. Independent Research set a €9.80 ($11.40) price target on E.On and gave the stock a neutral rating in a research note on Wednesday, August 7th. Finally, Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the stock a buy rating in a research note on Monday, May 13th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. E.On has a consensus rating of Hold and an average price target of €9.93 ($11.55).

Shares of FRA EOAN opened at €8.18 ($9.52) on Monday. E.On has a one year low of €6.70 ($7.79) and a one year high of €10.80 ($12.56). The business has a 50-day moving average price of €9.11 and a two-hundred day moving average price of €9.55.

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.

Featured Story: How to calculate the intrinsic value of a stock

Analyst Recommendations for E.On (FRA:EOAN)

Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.