Royal Bank of Canada set a €10.00 ($11.63) price target on E.On (FRA:EOAN) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other brokerages also recently issued reports on EOAN. Goldman Sachs Group set a €10.80 ($12.56) price target on E.On and gave the company a buy rating in a report on Friday, March 22nd. Berenberg Bank set a €9.30 ($10.81) price target on E.On and gave the company a neutral rating in a report on Tuesday, April 9th. Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On and gave the company a buy rating in a report on Tuesday, March 26th. Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the company a buy rating in a report on Friday, March 22nd. Finally, Oddo Bhf set a €10.70 ($12.44) price target on E.On and gave the company a neutral rating in a report on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. E.On presently has an average rating of Hold and a consensus target price of €10.28 ($11.95).
Shares of FRA:EOAN opened at €9.26 ($10.77) on Monday. E.On has a 12-month low of €6.70 ($7.79) and a 12-month 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 supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.
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