E.On (FRA:EOAN) PT Set at €10.80 by HSBC

HSBC set a €10.80 ($12.56) price target on E.On (FRA:EOAN) in a research report report published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also weighed in on the company. Sanford C. Bernstein set a €11.00 ($12.79) target price on E.On and gave the company a buy rating in a report on Wednesday. Oddo Bhf set a €10.60 ($12.33) target price on E.On and gave the company a buy rating in a report on Wednesday, September 18th. Barclays set a €9.50 ($11.05) target price on E.On and gave the company a buy rating in a report on Friday, November 29th. JPMorgan Chase & Co. set a €7.75 ($9.01) target price on E.On and gave the company a sell rating in a report on Friday, November 29th. Finally, Goldman Sachs Group set a €8.95 ($10.41) target price on E.On and gave the company a sell rating in a report on Friday, November 29th. Four analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company. E.On presently has a consensus rating of Hold and a consensus target price of €9.75 ($11.34).

FRA EOAN traded up €0.05 ($0.06) during trading on Thursday, hitting €9.37 ($10.90). 10,204,325 shares of the company traded hands. E.On has a 12 month low of €6.70 ($7.79) and a 12 month high of €10.80 ($12.56). The business has a fifty day simple moving average of €9.09 and a 200 day simple moving average of €9.13.

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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