Royal Bank of Canada set a €10.00 ($11.63) target price on E.On (FRA:EOAN) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on EOAN. Independent Research set a €9.90 ($11.51) price target on E.On and gave the stock a neutral rating in a research report on Tuesday, May 14th. Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the stock a buy rating in a research report on Monday, May 13th. Nord/LB set a €13.00 ($15.12) target price on E.On and gave the stock a buy rating in a research report on Thursday, May 16th. Jefferies Financial Group set a €8.20 ($9.53) target price on E.On and gave the stock a sell rating in a research report on Monday, May 20th. Finally, HSBC set a €11.30 ($13.14) target price on E.On and gave the stock a buy rating in a research report on Thursday, April 25th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €10.10 ($11.74).
EOAN opened at €8.41 ($9.77) on Wednesday. The stock has a 50-day moving average of €9.45. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56).
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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