HSBC Analysts Give E.On (FRA:EOAN) a €10.00 Price Target

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HSBC set a €10.00 ($11.63) price objective on E.On (FRA:EOAN) in a research report released on Thursday, September 26th, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued research reports about the company. Macquarie set a €9.70 ($11.28) target price on E.On and gave the stock a neutral rating in a research note on Monday, June 17th. Goldman Sachs Group set a €8.95 ($10.41) price target on E.On and gave the stock a sell rating in a research report on Tuesday, September 17th. Jefferies Financial Group set a €7.80 ($9.07) price target on E.On and gave the stock a neutral rating in a research report on Monday, August 19th. Barclays set a €9.50 ($11.05) target price on E.On and gave the company a buy rating in a research report on Tuesday, September 17th. Finally, JPMorgan Chase & Co. set a €7.75 ($9.01) target price on E.On and gave the company a sell rating in a research report on Wednesday, August 28th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. E.On has an average rating of Hold and an average price target of €9.64 ($11.21).

Shares of EOAN traded up €0.16 ($0.19) during mid-day trading on Thursday, reaching €8.84 ($10.28). The company had a trading volume of 9,086,836 shares. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The stock has a 50 day moving average of €8.67 and a two-hundred day moving average of €9.34.

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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