Credit Suisse Group set a €10.60 ($12.47) target price on E.On (FRA:EOAN) in a report published 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 €12.50 ($14.71) price target on E.On and gave the stock a buy rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. set a €10.00 ($11.76) price target on E.On and gave the stock a neutral rating in a research report on Wednesday, August 12th. DZ Bank reissued a neutral rating on shares of E.On in a research report on Wednesday, August 12th. Berenberg Bank set a €10.50 ($12.35) target price on E.On and gave the stock a neutral rating in a research note on Wednesday, May 27th. Finally, Barclays set a €11.50 ($13.53) target price on E.On and gave the stock a buy rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of €10.78 ($12.69).
EOAN opened at €9.82 ($11.55) on Monday. E.On has a 12 month low of €6.70 ($7.88) and a 12 month high of €10.80 ($12.71). The stock has a fifty day moving average price of €10.14 and a 200-day moving average price of €9.79.
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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