E.On (FRA:EOAN) Given a €12.50 Price Target at Barclays

Barclays set a €12.50 ($13.16) target price on E.On (FRA:EOANGet Rating) in a research note published on Wednesday morning, Borsen Zeitung reports.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) price objective on E.On in a research note on Thursday, March 17th. JPMorgan Chase & Co. set a €12.50 ($13.16) target price on E.On in a research note on Thursday, March 24th. Sanford C. Bernstein set a €12.80 ($13.47) price objective on E.On in a report on Tuesday, April 5th. UBS Group set a €10.25 ($10.79) price objective on E.On in a report on Tuesday. Finally, Royal Bank of Canada set a €12.00 ($12.63) price objective on E.On in a report on Wednesday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, E.On currently has an average rating of Buy and a consensus target price of €12.29 ($12.94).

Shares of FRA:EOAN opened at €9.89 ($10.41) on Wednesday. The business has a 50-day moving average price of €10.29 and a 200 day moving average price of €11.18. E.On has a 12-month low of €6.70 ($7.05) and a 12-month high of €10.80 ($11.37).

About E.On (Get Rating)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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