E.On’s (EOAN) “Sell” Rating Reaffirmed at DZ Bank

DZ Bank reissued their sell rating on shares of E.On (FRA:EOAN) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports.

A number of other analysts have also recently weighed in on the stock. Goldman Sachs Group set a €8.95 ($10.41) price target on shares of E.On and gave the stock a sell rating in a research note on Tuesday. Berenberg Bank set a €8.50 ($9.88) price target on shares of E.On and gave the stock a neutral rating in a research note on Monday, August 19th. UBS Group set a €9.65 ($11.22) price target on shares of E.On and gave the stock a neutral rating in a research note on Tuesday, August 13th. Jefferies Financial Group set a €7.80 ($9.07) price target on shares of E.On and gave the stock a neutral rating in a research note on Monday, August 19th. 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 Wednesday, August 7th. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €9.72 ($11.30).

FRA EOAN opened at €9.02 ($10.49) on Tuesday. The firm’s fifty day moving average price is €8.64 and its 200 day moving average price is €9.42. E.On has a 12 month low of €6.70 ($7.79) and a 12 month high of €10.80 ($12.56).

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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