E.On (FRA:EOAN) Given a €9.80 Price Target by Jefferies Financial Group Analysts

Jefferies Financial Group set a €9.80 ($10.32) price objective on E.On (FRA:EOANGet Rating) in a report issued on Wednesday, Borsen Zeitung reports.

Several other equities analysts also recently commented on EOAN. Berenberg Bank set a €13.00 ($13.68) price objective on shares of E.On in a research note on Monday, March 14th. Royal Bank of Canada set a €12.00 ($12.63) target price on shares of E.On in a research note on Wednesday. Sanford C. Bernstein set a €12.80 ($13.47) price objective on shares of E.On in a research note on Tuesday, April 5th. JPMorgan Chase & Co. set a €12.50 ($13.16) price target on shares of E.On in a research report on Thursday, March 24th. Finally, Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) price objective on shares of E.On in a report on Thursday, March 17th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Buy and an average target price of €12.29 ($12.94).

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

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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