Credit Suisse Group Reiterates €11.00 Price Target for E.On (FRA:EOAN)

Credit Suisse Group set a €11.00 ($12.94) target price on E.On (FRA:EOAN) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued research reports about the stock. UBS Group set a €10.50 ($12.35) target price on shares of E.On and gave the company a buy rating in a report on Thursday, March 25th. Berenberg Bank set a €11.00 ($12.94) price target on shares of E.On and gave the company a buy rating in a research report on Tuesday. Barclays set a €11.00 ($12.94) price target on shares of E.On and gave the company a buy rating in a research report on Friday, March 5th. JPMorgan Chase & Co. set a €10.00 ($11.76) price target on shares of E.On and gave the company a neutral rating in a research report on Wednesday, March 24th. Finally, Kepler Capital Markets set a €13.00 ($15.29) price target on shares of E.On and gave the company a buy rating in a research report on Wednesday, March 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €10.73 ($12.62).

E.On stock opened at €9.94 ($11.70) on Tuesday. E.On has a fifty-two week low of €6.70 ($7.88) and a fifty-two week high of €10.80 ($12.71). The firm has a 50 day moving average price of €9.11 and a 200 day moving average price of €9.11.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, rest of Europe, and internationally. The company provides power and gas distribution networks and related services; and supplies energy solutions, such as power, gas, and heat to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

Further Reading: P/E Growth (PEG)

Analyst Recommendations for E.On (FRA:EOAN)

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