Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for E.On (FRA:EOAN)


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E.On (FRA:EOAN)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a report issued on Tuesday, Borsen Zeitung reports.

A number of other brokerages have also issued reports on EOAN. Royal Bank of Canada set a €10.00 ($11.76) target price on E.On and gave the stock a “neutral” rating in a research note on Wednesday, March 24th. Sanford C. Bernstein set a €12.90 ($15.18) price objective on E.On and gave the company a “buy” rating in a research note on Wednesday, March 24th. The Goldman Sachs Group set a €12.00 ($14.12) price objective on E.On and gave the company a “buy” rating in a research note on Tuesday. Barclays set a €11.00 ($12.94) target price on E.On and gave the company a “buy” rating in a research report on Friday, March 5th. Finally, Independent Research set a €10.40 ($12.24) target price on E.On and gave the company a “neutral” rating in a research report on Friday, April 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €10.88 ($12.80).

Shares of EOAN stock opened at €10.14 ($11.93) on Tuesday. The business has a fifty day moving average of €9.68 and a 200 day moving average of €9.14. E.On has a 1 year low of €6.70 ($7.88) and a 1 year high of €10.80 ($12.71).

E.On Company Profile

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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Analyst Recommendations for E.On (FRA:EOAN)

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