E.On (FRA:EOAN) Stock Rating Reaffirmed by DZ Bank

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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 Company Profile

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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Analyst Recommendations for E.On (FRA:EOAN)

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