E.On (FRA:EOAN) Given a €10.00 Price Target by HSBC Analysts

HSBC set a €10.00 ($11.63) price target on E.On (FRA:EOAN) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

EOAN has been the topic of a number of other reports. UBS Group set a €9.65 ($11.22) target price on shares of E.On and gave the stock a neutral rating in a report on Wednesday, August 7th. Independent Research set a €9.80 ($11.40) target price on shares of E.On and gave the stock a neutral rating in a report on Wednesday, August 7th. Kepler Capital Markets set a €11.00 ($12.79) target price on shares of E.On and gave the stock a buy rating in a report on Monday, May 13th. Goldman Sachs Group set a €8.95 ($10.41) target price on shares of E.On and gave the stock a sell rating in a report on Thursday, August 8th. Finally, Sanford C. Bernstein set a €11.50 ($13.37) target price on shares of E.On and gave the stock a buy rating in a report on Wednesday, August 7th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €10.03 ($11.66).

Shares of FRA:EOAN opened at €8.19 ($9.52) on Monday. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56). The company’s fifty day moving average is €9.27 and its two-hundred day moving average is €9.59.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

Featured Story: Why are percentage decliners important?

Analyst Recommendations for E.On (FRA:EOAN)

Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.