E.On (FRA:EOAN) has been given a €9.50 ($11.05) target price by investment analysts at Royal Bank of Canada in a research note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 6.72% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group set a €11.00 ($12.79) price objective on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, August 8th. Sanford C. Bernstein set a €12.00 ($13.95) price objective on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, August 8th. Societe Generale set a €9.50 ($11.05) price objective on shares of E.On and gave the company a “neutral” rating in a research note on Friday, September 28th. JPMorgan Chase & Co. set a €11.50 ($13.37) price objective on shares of E.On and gave the company a “buy” rating in a research note on Wednesday. Finally, Goldman Sachs Group set a €10.40 ($12.09) price objective on shares of E.On and gave the company a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of €10.47 ($12.18).

Shares of E.On stock opened at €8.90 ($10.35) on Wednesday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56).

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 distributes 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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