E.On (FRA:EOAN) has been assigned a €10.60 ($12.62) price target by equities researchers at Societe Generale in a research report issued to clients and investors on Friday, November 17th. The brokerage presently has a “neutral” rating on the stock. Societe Generale’s price target would suggest a potential upside of 9.71% from the company’s previous close.
Other equities analysts have also issued reports about the stock. Barclays set a €9.40 ($11.19) target price on shares of E.On and gave the stock a “buy” rating in a research report on Wednesday, August 9th. S&P Global set a €10.00 ($11.90) target price on shares of E.On and gave the stock a “buy” rating in a research report on Thursday, August 10th. Goldman Sachs Group set a €10.50 ($12.50) price target on E.On and gave the stock a “buy” rating in a report on Wednesday, August 9th. Deutsche Bank set a €10.00 ($11.90) target price on E.On and gave the company a “buy” rating in a report on Friday, August 4th. Finally, set a €9.60 ($11.43) target price on E.On and gave the company a “buy” rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company. E.On has an average rating of “Hold” and an average target price of €10.35 ($12.32).
E.On (FRA:EOAN) traded up €0.05 ($0.06) during mid-day trading on Friday, reaching €9.66 ($11.50). 8,454,783 shares of the company traded hands. E.On has a 52 week low of €6.02 ($7.17) and a 52 week high of €10.80 ($12.86).
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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.
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