Morgan Stanley set a €10.00 ($11.76) target price on E.On (FRA:EOAN) in a report released on Monday morning, Borsen Zeitung reports.
Other equities analysts also recently issued reports about the stock. Sanford C. Bernstein set a €13.30 ($15.65) price objective on shares of E.On in a report on Monday, August 9th. The Goldman Sachs Group set a €13.00 ($15.29) price objective on shares of E.On in a report on Wednesday, August 11th. UBS Group set a €10.50 ($12.35) price target on shares of E.On in a research note on Thursday, September 9th. Berenberg Bank set a €13.20 ($15.53) price target on shares of E.On in a research note on Thursday, September 9th. Finally, Barclays set a €12.00 ($14.12) price target on shares of E.On in a research note on Wednesday, September 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, E.On has an average rating of Buy and an average target price of €11.73 ($13.80).
FRA:EOAN opened at €11.02 ($12.96) on Monday. E.On has a one year low of €6.70 ($7.88) and a one year high of €10.80 ($12.71). The firm’s fifty day moving average price is €10.79 and its two-hundred day moving average price is €10.20.
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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