Royal Bank of Canada Analysts Give E.On (FRA:EOAN) a €12.00 Price Target

E.On (FRA:EOANGet Rating) has been given a €12.00 ($12.63) target price by research analysts at Royal Bank of Canada in a report released on Wednesday, Borsen Zeitung reports. Royal Bank of Canada’s price target suggests a potential upside of 21.78% from the company’s previous close.

A number of other brokerages also recently commented on EOAN. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) target price on E.On in a research note on Thursday, March 17th. Sanford C. Bernstein set a €12.80 ($13.47) price target on E.On in a report on Tuesday, April 5th. The Goldman Sachs Group set a €12.90 ($13.58) price target on E.On in a report on Tuesday, May 3rd. JPMorgan Chase & Co. set a €12.50 ($13.16) price target on E.On in a report on Thursday, March 24th. Finally, Deutsche Bank Rese… set a €13.00 ($13.68) price target on E.On in a report on Wednesday, May 4th. One equities research 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. According to MarketBeat.com, E.On presently has an average rating of “Buy” and a consensus target price of €12.30 ($12.95).

Shares of EOAN stock opened at €9.85 ($10.37) on Wednesday. The business has a 50 day moving average of €10.33 and a two-hundred day moving average of €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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Analyst Recommendations for E.On (FRA:EOAN)

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