Goldman Sachs Group set a €8.95 ($10.41) price target on E.On (FRA:EOAN) in a research note released on Tuesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group set a €7.80 ($9.07) price objective on E.On and gave the company a neutral rating in a report on Monday, August 19th. Berenberg Bank set a €8.50 ($9.88) price objective on E.On and gave the company a neutral rating in a report on Monday, August 19th. UBS Group set a €9.65 ($11.22) price objective on E.On and gave the company a neutral rating in a report on Tuesday, August 13th. DZ Bank reissued a sell rating on shares of E.On in a report on Wednesday, August 7th. Finally, Independent Research set a €9.30 ($10.81) price objective on E.On and gave the company a neutral rating in a report on Friday, September 6th. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of €9.76 ($11.35).
Shares of EOAN opened at €9.08 ($10.55) on Tuesday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The business’s fifty day moving average is €8.65 and its 200-day moving average is €9.42.
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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