E.On (FRA:EOAN) Given a €12.50 Price Target at The Goldman Sachs Group

The Goldman Sachs Group set a €12.50 ($12.89) target price on E.On (FRA:EOANGet Rating) in a report released on Tuesday morning, Borsen Zeitung reports.

A number of other analysts have also recently commented on the stock. Sanford C. Bernstein set a €12.80 ($13.20) target price on shares of E.On in a research note on Monday, July 11th. UBS Group set a €10.25 ($10.57) target price on shares of E.On in a research note on Wednesday, July 20th. Barclays set a €12.50 ($12.89) target price on shares of E.On in a research note on Wednesday, May 11th. Bank of America set a €12.10 ($12.47) price objective on shares of E.On in a research note on Thursday, May 12th. Finally, Royal Bank of Canada set a €12.00 ($12.37) price objective on shares of E.On in a research note on Wednesday, May 11th.

E.On Trading Up 1.9 %

EOAN stock opened at €8.91 ($9.18) on Tuesday. The firm has a 50 day moving average of €8.77 and a 200 day moving average of €10.17. E.On has a 52 week low of €6.70 ($6.91) and a 52 week high of €10.80 ($11.13).

E.On Company Profile

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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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