E.On (FRA:EOAN – Get Rating) has been assigned a €11.35 ($12.20) target price by The Goldman Sachs Group in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective would suggest a potential upside of 14.37% from the stock’s current price.
Other equities analysts have also issued research reports about the company. Credit Suisse Group set a €11.50 ($12.37) target price on E.On in a research note on Tuesday, September 27th. Jefferies Financial Group set a €9.80 ($10.54) price objective on E.On in a research note on Wednesday, November 9th. Berenberg Bank set a €12.50 ($13.44) price objective on E.On in a research note on Tuesday, November 8th. Royal Bank of Canada set a €12.00 ($12.90) price objective on E.On in a research note on Wednesday, November 9th. Finally, Sanford C. Bernstein set a €9.30 ($10.00) price objective on E.On in a research note on Thursday, December 15th.
E.On Trading Down 1.4 %
Shares of FRA EOAN opened at €9.92 ($10.67) on Thursday. E.On has a 1-year low of €6.70 ($7.20) and a 1-year high of €10.80 ($11.61). The business’s 50 day moving average is €9.19 and its 200-day moving average is €8.70.
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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