Shares of E.On Se (FRA:EOAN) have been given a consensus recommendation of “Hold” by the sixteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €11.73 ($13.80).
EOAN has been the subject of several research reports. JPMorgan Chase & Co. set a €11.50 ($13.53) price objective on E.On in a report on Wednesday, August 11th. Jefferies Financial Group set a €9.80 ($11.53) price target on E.On in a research note on Wednesday, August 11th. Berenberg Bank set a €13.20 ($15.53) price objective on E.On in a report on Thursday, September 9th. Nord/LB set a €13.00 ($15.29) price objective on shares of E.On in a report on Thursday, August 12th. Finally, UBS Group set a €10.50 ($12.35) target price on shares of E.On in a research report on Thursday, September 9th.
EOAN traded up €0.04 ($0.05) during trading on Monday, hitting €10.46 ($12.30). 7,509,546 shares of the company traded hands. E.On has a one year low of €6.70 ($7.88) and a one year high of €10.80 ($12.71). The stock’s fifty day moving average is €10.93 and its 200 day moving average is €10.40.
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.
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