E.On (FRA:EOAN) Stock Crosses Above Two Hundred Day Moving Average of $9.09

E.On Se (FRA:EOAN – Get Rating) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €9.09 ($9.67) and traded as high as €10.35 ($11.01). E.On shares last traded at €10.33 ($10.98), with a volume of 4,264,537 shares traded.

Analysts Set New Price Targets

Several research firms have weighed in on EOAN. Royal Bank of Canada set a €10.00 ($10.64) target price on shares of E.On in a report on Tuesday, February 7th. Berenberg Bank set a €12.00 ($12.77) target price on shares of E.On in a report on Tuesday, January 24th. Morgan Stanley set a €9.50 ($10.11) target price on shares of E.On in a report on Monday, January 9th. The Goldman Sachs Group set a €11.35 ($12.07) target price on shares of E.On in a report on Wednesday, February 8th. Finally, Jefferies Financial Group set a €10.50 ($11.17) target price on shares of E.On in a report on Monday, February 27th.

E.On Trading Down 0.0 %

The business’s fifty day moving average is €9.92 and its 200 day moving average is €9.09.

About E.On

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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.