Morgan Stanley set a €8.00 ($9.30) target price on E.On (FRA:EOAN) in a research note issued to investors on Tuesday. The brokerage currently has a sell rating on the stock.
Several other equities analysts have also recently issued reports on EOAN. DZ Bank reaffirmed a buy rating on shares of E.On in a research note on Wednesday, July 11th. Sanford C. Bernstein set a €12.00 ($13.95) price objective on shares of E.On and gave the stock a buy rating in a research note on Wednesday, August 8th. UBS Group set a €10.00 ($11.63) price objective on shares of E.On and gave the stock a buy rating in a research note on Wednesday, August 8th. Goldman Sachs Group set a €10.40 ($12.09) price objective on shares of E.On and gave the stock a buy rating in a research note on Friday, November 2nd. Finally, Oddo Bhf set a €10.00 ($11.63) price objective on shares of E.On and gave the stock a buy rating in a research note on Tuesday, September 25th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €10.53 ($12.24).
E.On stock opened at €8.74 ($10.16) on Tuesday. E.On has a 52 week low of €6.70 ($7.79) and a 52 week high of €10.80 ($12.56).
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, 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 distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.
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