The Goldman Sachs Group Analysts Give E.On (FRA:EOAN) a €12.90 Price Target

E.On (FRA:EOANGet Rating) has been given a €12.90 ($13.58) target price by The Goldman Sachs Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective suggests a potential upside of 30.65% from the stock’s current price.

Several other research firms also recently weighed in on EOAN. Berenberg Bank set a €13.00 ($13.68) price target on shares of E.On in a research report on Monday, March 14th. JPMorgan Chase & Co. set a €12.50 ($13.16) price target on shares of E.On in a research report on Thursday, March 24th. UBS Group set a €11.50 ($12.11) price target on shares of E.On in a research report on Thursday, March 17th. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) price target on shares of E.On in a research report on Thursday, March 17th. Finally, Sanford C. Bernstein set a €12.80 ($13.47) price objective on shares of E.On in a research note on Tuesday, April 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of €12.39 ($13.05).

Shares of FRA EOAN opened at €9.87 ($10.39) on Tuesday. The firm’s 50 day moving average price is €10.59 and its 200-day moving average price is €11.23. E.On has a 52-week low of €6.70 ($7.05) and a 52-week high of €10.80 ($11.37).

About E.On (Get Rating)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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Analyst Recommendations for E.On (FRA:EOAN)

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