Jefferies Financial Group Analysts Give E.On (FRA:EOAN) a €10.00 Price Target
E.On (FRA:EOAN) has been assigned a €10.00 ($11.63) target price by analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 8.64% from the stock’s previous close.
EOAN has been the subject of several other reports. Sanford C. Bernstein set a €11.00 ($12.79) target price on E.On and gave the company a “buy” rating in a report on Friday, November 29th. UBS Group set a €9.30 ($10.81) price target on E.On and gave the stock a “neutral” rating in a research note on Friday, November 29th. Berenberg Bank set a €8.50 ($9.88) price target on E.On and gave the stock a “neutral” rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. set a €7.75 ($9.01) price objective on E.On and gave the stock a “sell” rating in a report on Friday, November 29th. Finally, DZ Bank reaffirmed a “sell” rating on shares of E.On in a research note on Tuesday, September 17th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €9.70 ($11.28).
Shares of FRA EOAN opened at €9.21 ($10.70) on Thursday. The stock’s fifty day simple moving average is €9.03 and its 200 day simple moving average is €9.13. 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 supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.
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