The Goldman Sachs Group Reiterates “€12.90” Price Target for E.On (FRA:EOAN)

The Goldman Sachs Group set a €12.90 ($13.58) price target on E.On (FRA:EOANGet Rating) in a research note released on Wednesday, Borsen Zeitung reports.

EOAN has been the subject of several other research reports. Barclays set a €12.50 ($13.16) price target on shares of E.On in a research report on Wednesday. Jefferies Financial Group set a €9.80 ($10.32) target price on shares of E.On in a research note on Wednesday. Royal Bank of Canada set a €12.00 ($12.63) target price on shares of E.On in a research note on Wednesday. JPMorgan Chase & Co. set a €12.50 ($13.16) target price on shares of E.On in a research note on Thursday, March 24th. Finally, Berenberg Bank set a €13.00 ($13.68) target price on shares of E.On in a research note on Monday, March 14th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of Buy and an average target price of €12.29 ($12.94).

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

E.On Company Profile (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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Analyst Recommendations for E.On (FRA:EOAN)

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