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

E.On (FRA:EOANGet Rating) has been assigned a €12.90 ($13.58) price target by research analysts at The Goldman Sachs Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. The Goldman Sachs Group’s price target indicates a potential upside of 30.91% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Sanford C. Bernstein set a €12.80 ($13.47) target price on shares of E.On in a report on Wednesday. Berenberg Bank set a €13.00 ($13.68) target price on E.On in a research note on Monday, March 14th. Barclays set a €12.50 ($13.16) price objective on E.On in a research note on Wednesday. Deutsche Bank Rese… set a €13.00 ($13.68) price objective on E.On in a research note on Wednesday, May 4th. Finally, Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) price objective on E.On in a research note on Thursday, March 17th. One investment 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of €12.30 ($12.95).

E.On stock traded up €0.09 ($0.09) during trading hours on Wednesday, reaching €9.85 ($10.37). The stock had a trading volume of 8,020,684 shares. The business’s 50 day moving average price is €10.33 and its 200-day moving average price is €11.19. E.On has a 52 week low of €6.70 ($7.05) and a 52 week high of €10.80 ($11.37).

E.On Company Profile (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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