JPMorgan Chase & Co. set a €10.00 ($11.63) price objective on E.On (FRA:EOAN) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
EOAN has been the topic of a number of other reports. Macquarie raised AGL Energy from an underperform rating to a neutral rating in a report on Monday, June 17th. Goldman Sachs Group set a €15.00 ($17.44) target price on freenet and gave the stock a sell rating in a report on Monday, May 13th. HSBC set a €101.00 ($117.44) target price on Grenke and gave the stock a buy rating in a report on Thursday, April 25th. Jefferies Financial Group decreased their target price on Albemarle from $114.00 to $90.00 and set a buy rating on the stock in a report on Monday, May 20th. They noted that the move was a valuation call. Finally, Oddo Bhf set a €16.50 ($19.19) target price on UniCredit and gave the stock a buy rating in a report on Wednesday, May 15th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €10.25 ($11.92).
EOAN stock opened at €9.41 ($10.94) on Wednesday. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56). The business’s 50 day simple moving average is €9.68.
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.
Further Reading: Asset Allocation Models, Which is Right For You?
Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.