E.On (FRA:EOAN) Given a €7.75 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €7.75 ($9.01) price target on E.On (FRA:EOAN) in a report issued on Friday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other research firms have also recently weighed in on EOAN. DZ Bank restated a sell rating on shares of E.On in a report on Tuesday, September 17th. UBS Group set a €9.30 ($10.81) price target on E.On and gave the stock a neutral rating in a report on Friday. Nord/LB set a €13.00 ($15.12) price target on E.On and gave the stock a buy rating in a report on Wednesday, August 7th. Barclays set a €9.50 ($11.05) price target on E.On and gave the stock a buy rating in a report on Wednesday, October 16th. Finally, HSBC set a €10.00 ($11.63) price target on E.On and gave the stock a buy rating in a report on Thursday, September 26th. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €9.61 ($11.18).

FRA:EOAN opened at €9.50 ($11.04) on Friday. The stock’s 50-day moving average is €8.98 and its 200-day moving average is €9.13. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56).

About E.On

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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