Nord/LB set a €13.00 ($15.12) price target on E.On (FRA:EOAN) in a research report sent to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also issued reports on EOAN. Goldman Sachs Group set a €10.80 ($12.56) target price on E.On and gave the stock a buy rating in a research report on Friday, March 22nd. Berenberg Bank set a €9.30 ($10.81) price target on E.On and gave the company a neutral rating in a research report on Tuesday, April 9th. Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On and gave the company a buy rating in a research report on Tuesday, March 26th. Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the company a buy rating in a research report on Friday, March 22nd. Finally, Oddo Bhf set a €10.70 ($12.44) price target on E.On and gave the company a neutral rating in a research report on Wednesday, March 27th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €10.28 ($11.95).
Shares of E.On stock traded up €0.03 ($0.03) on Thursday, reaching €9.29 ($10.80). 8,558,144 shares of the company were exchanged. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two 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.
Recommended Story: Cryptocurrencies
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.