E.On (FRA:EOAN) Given a €10.70 Price Target by Credit Suisse Group Analysts

E.On (FRA:EOAN) received a €10.70 ($12.44) price objective from equities research analysts at Credit Suisse Group in a research report issued on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s target price would suggest a potential upside of 4.80% from the company’s previous close.

A number of other research analysts have also weighed in on EOAN. Nord/LB set a €13.00 ($15.12) price objective on shares of E.On and gave the company a “buy” rating in a research note on Monday, December 2nd. DZ Bank restated a “sell” rating on shares of E.On in a report on Monday, January 6th. Morgan Stanley set a €9.50 ($11.05) target price on E.On and gave the company a “neutral” rating in a research report on Tuesday, December 17th. Goldman Sachs Group set a €9.80 ($11.40) price target on E.On and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Finally, Jefferies Financial Group set a €11.00 ($12.79) target price on shares of E.On and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of €9.94 ($11.56).

Shares of FRA:EOAN traded up €0.21 ($0.24) during trading on Friday, reaching €10.21 ($11.87). 8,929,655 shares of the stock were exchanged. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56). The stock has a fifty day moving average of €9.48 and a two-hundred day moving average of €9.11.

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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