E.On (FRA:EOAN) PT Set at €11.50 by Barclays

Barclays set a €11.50 ($13.37) price objective on E.On (FRA:EOAN) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

EOAN has been the topic of several other reports. Jefferies Financial Group set a €11.00 ($12.79) target price on E.On and gave the company a buy rating in a report on Wednesday, March 25th. DZ Bank restated a neutral rating on shares of E.On in a report on Tuesday, May 12th. Berenberg Bank set a €9.40 ($10.93) price target on E.On and gave the stock a neutral rating in a report on Friday, March 27th. JPMorgan Chase & Co. set a €10.00 ($11.63) price target on E.On and gave the stock a neutral rating in a report on Friday, March 27th. Finally, Morgan Stanley set a €11.00 ($12.79) price target on E.On and gave the stock a neutral rating in a report on Wednesday, May 13th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. E.On has a consensus rating of Hold and a consensus price target of €10.24 ($11.91).

Shares of EOAN stock opened at €9.55 ($11.10) on Tuesday. The business’s 50 day simple moving average is €8.96 and its 200 day simple moving average is €9.54. E.On has a one year low of €6.70 ($7.79) and a one year 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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Analyst Recommendations for E.On (FRA:EOAN)

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