E.On (FRA:EOAN)‘s stock had its “sell” rating reaffirmed by stock analysts at DZ Bank in a note issued to investors on Wednesday, August 7th, Borsen Zeitung reports.
Other research analysts have also issued reports about the stock. Kepler Capital Markets set a €11.00 ($12.79) target price on shares of E.On and gave the company a “buy” rating in a research note on Monday, May 13th. Goldman Sachs Group set a €9.80 ($11.40) target price on shares of E.On and gave the company a “neutral” rating in a research note on Tuesday, July 30th. Royal Bank of Canada set a €10.00 ($11.63) target price on shares of E.On and gave the company a “neutral” rating in a research note on Wednesday, August 7th. HSBC set a €11.30 ($13.14) target price on shares of E.On and gave the company a “buy” rating in a research note on Thursday, April 25th. Finally, Nord/LB set a €13.00 ($15.12) price target on shares of E.On and gave the stock a “buy” rating in a research note on Thursday, May 16th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. E.On has a consensus rating of “Hold” and an average price target of €10.03 ($11.66).
E.On stock opened at €8.17 ($9.50) on Wednesday. E.On has a 12-month low of €6.70 ($7.79) and a 12-month high of €10.80 ($12.56). The firm’s fifty day moving average price is €9.27 and its 200 day moving average price is €9.59.
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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