Goldman Sachs Group Analysts Give E.On (EOAN) a €11.40 Price Target
E.On (FRA:EOAN) received a €11.40 ($13.26) price target from research analysts at Goldman Sachs Group in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective indicates a potential upside of 19.31% from the company’s current price.
Several other analysts have also recently commented on the company. Morgan Stanley set a €8.00 ($9.30) target price on E.On and gave the stock a “sell” rating in a report on Thursday, January 17th. Credit Suisse Group set a €10.00 ($11.63) target price on E.On and gave the stock a “neutral” rating in a report on Monday, January 21st. Royal Bank of Canada set a €9.50 ($11.05) target price on E.On and gave the stock a “neutral” rating in a report on Monday, December 17th. Sanford C. Bernstein set a €12.00 ($13.95) target price on E.On and gave the stock a “buy” rating in a report on Monday, February 4th. Finally, Jefferies Financial Group set a €8.20 ($9.53) target price on E.On and gave the stock a “sell” rating in a report on Wednesday, February 6th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of €10.28 ($11.95).
Shares of EOAN stock 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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