E.On (EOAN) PT Set at €10.20 by JPMorgan Chase & Co.
E.On (FRA:EOAN) has been assigned a €10.20 ($11.86) price objective by analysts at JPMorgan Chase & Co. in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 6.75% from the stock’s previous close.
Several other research firms also recently issued reports on EOAN. DZ Bank reiterated a “buy” rating on shares of E.On in a research note on Wednesday, November 14th. Morgan Stanley set a €8.00 ($9.30) price target on E.On and gave the stock a “sell” rating in a research note on Tuesday, February 19th. Goldman Sachs Group set a €10.90 ($12.67) price target on E.On and gave the stock a “buy” rating in a research note on Friday, February 1st. Berenberg Bank set a €9.30 ($10.81) price target on E.On and gave the stock a “neutral” rating in a research note on Monday, January 21st. Finally, Jefferies Financial Group set a €8.20 ($9.53) price target on E.On and gave the stock a “sell” rating in a research note on Wednesday, February 6th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €10.28 ($11.95).
EOAN opened at €9.56 ($11.11) 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 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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