E.On (FRA:EOAN)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued on Tuesday, Borsen Zeitung reports.
A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group set a €12.00 ($14.12) target price on shares of E.On and gave the stock a “buy” rating in a research note on Tuesday. Independent Research set a €10.40 ($12.24) target price on shares of E.On and gave the stock a “neutral” rating in a research note on Friday, April 23rd. Jefferies Financial Group set a €9.80 ($11.53) price target on shares of E.On and gave the stock a “neutral” rating in a research report on Wednesday, March 24th. Metzler set a €9.40 ($11.06) price target on shares of E.On and gave the stock a “neutral” rating in a research report on Friday, February 19th. Finally, Berenberg Bank set a €11.00 ($12.94) target price on shares of E.On and gave the company a “buy” rating in a report on Tuesday, April 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €10.88 ($12.80).
Shares of FRA EOAN opened at €10.14 ($11.93) on Tuesday. E.On has a 1-year low of €6.70 ($7.88) and a 1-year high of €10.80 ($12.71). The company has a fifty day moving average price of €9.68 and a 200 day moving average price of €9.14.
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.
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