E.On (EOAN) Given a €10.60 Price Target at Oddo Bhf

E.On (FRA:EOAN) has been assigned a €10.60 ($12.33) price target by Oddo Bhf in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Oddo Bhf’s price objective would suggest a potential upside of 16.64% from the stock’s previous close.

Several other analysts also recently issued reports on EOAN. Morgan Stanley set a €8.00 ($9.30) target price on shares of E.On and gave the company a “sell” rating in a research note on Thursday, January 17th. UBS Group set a €10.00 ($11.63) target price on shares of E.On and gave the company a “buy” rating in a research note on Thursday, January 17th. Berenberg Bank set a €9.30 ($10.81) target price on shares of E.On and gave the company a “neutral” rating in a research note on Monday, January 21st. Credit Suisse Group set a €10.00 ($11.63) target price on shares of E.On and gave the company a “neutral” rating in a research note on Monday, January 21st. Finally, HSBC set a €10.50 ($12.21) target price on shares of E.On and gave the company a “buy” rating in a research note on Tuesday, January 22nd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €10.29 ($11.97).

FRA:EOAN traded down €0.12 ($0.14) during trading hours on Wednesday, hitting €9.09 ($10.57). 13,362,559 shares of the stock traded hands. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week high of €10.80 ($12.56).

About E.On

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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