E.On (FRA:EOAN) received a €9.50 ($11.05) price objective from Royal Bank of Canada in a report issued on Thursday, September 27th. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 14.58% from the company’s current price.
A number of other equities analysts have also issued reports on the stock. UBS Group set a €10.00 ($11.63) target price on shares of E.On and gave the stock a “buy” rating in a research report on Wednesday, June 27th. Nord/LB set a €13.00 ($15.12) target price on shares of E.On and gave the stock a “buy” rating in a research report on Wednesday, June 27th. Sanford C. Bernstein set a €12.00 ($13.95) target price on shares of E.On and gave the stock a “buy” rating in a research report on Monday, June 18th. DZ Bank reiterated a “buy” rating on shares of E.On in a research report on Wednesday, July 11th. Finally, JPMorgan Chase & Co. set a €11.50 ($13.37) target price on shares of E.On and gave the stock a “buy” rating in a research report on Monday, July 9th. Twelve research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of €10.58 ($12.30).
FRA EOAN traded down €0.05 ($0.06) on Thursday, reaching €8.29 ($9.64). The company’s stock had a trading volume of 10,082,849 shares. 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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