E.On (FRA:EOAN) received a €9.85 ($12.16) price objective from research analysts at UBS Group in a report released on Monday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 10.60% from the company’s current price.
Several other analysts have also issued reports on the stock. Societe Generale set a €9.70 ($11.98) price target on shares of E.On and gave the stock a “buy” rating in a research report on Monday. Independent Research set a €9.50 ($11.73) price target on shares of E.On and gave the stock a “neutral” rating in a research report on Monday. Bryan, Garnier & Co restated a “neutral” rating on shares of E.On in a research report on Monday. Oddo Bhf set a €10.00 ($12.35) price target on shares of E.On and gave the stock a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. set a €10.50 ($12.96) price target on shares of E.On and gave the stock a “buy” rating in a research report on Monday. One analyst has rated the stock with a sell rating, eleven have given a hold rating and sixteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €10.20 ($12.60).
E.On (FRA:EOAN) traded up €0.45 ($0.56) during midday trading on Monday, reaching €8.91 ($11.00). 53,049,565 shares of the company’s stock traded hands. The firm has a market cap of $19,360.00 and a price-to-earnings ratio of 7.24. E.On has a 52 week low of €6.70 ($8.27) and a 52 week high of €10.80 ($13.33).
E.On Company Profile
E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, and internationally. The company provides power and gas distribution networks and related services; and plans, builds, operates, and manages renewable generation assets, such as onshore wind/solar and offshore wind/others.
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.