JPMorgan Chase & Co. Analysts Give E.On (FRA:EOAN) a €10.00 Price Target

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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 Company Profile

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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Analyst Recommendations for E.On (FRA:EOAN)

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