Goldman Sachs Group set a €10.20 ($11.86) price objective on E.On (FRA:EOAN) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
EOAN has been the subject of several other reports. 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. HSBC set a €10.50 ($12.21) price target on E.On and gave the company a buy rating in a report on Tuesday, January 22nd. Barclays set a €10.00 ($11.63) price target on E.On and gave the company a neutral rating in a report on Monday, January 28th. Credit Suisse Group set a €10.20 ($11.86) price objective on E.On and gave the stock a neutral rating in a report on Monday, February 4th. Finally, Independent Research set a €10.00 ($11.63) price objective on E.On and gave the stock a neutral rating in a report on Wednesday, March 13th. 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 company’s stock. The company currently has an average rating of Hold and an average target price of €10.28 ($11.95).
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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