Deutsche Bank Aktiengesellschaft set a €11.50 ($13.53) price objective on E.On (FRA:EOAN) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also issued reports on EOAN. Metzler set a €9.40 ($11.06) price target on shares of E.On and gave the stock a neutral rating in a research note on Friday, February 19th. Royal Bank of Canada set a €10.00 ($11.76) price target on shares of E.On and gave the stock a neutral rating in a research note on Tuesday. Kepler Capital Markets set a €13.00 ($15.29) price target on shares of E.On and gave the stock a buy rating in a research note on Wednesday, March 24th. Credit Suisse Group set a €11.00 ($12.94) price target on shares of E.On and gave the stock a buy rating in a research note on Tuesday, April 13th. Finally, Barclays set a €11.00 ($12.94) target price on shares of E.On and gave the company a buy rating in a research note on Friday, March 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. E.On has a consensus rating of Hold and a consensus price target of €10.90 ($12.82).
Shares of FRA:EOAN opened at €10.59 ($12.46) on Wednesday. The company has a fifty day simple moving average of €10.03 and a 200 day simple moving average of €9.19. E.On has a 12-month low of €6.70 ($7.88) and a 12-month high of €10.80 ($12.71).
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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