E.On (FRA:EOAN) PT Set at €10.50 by Jefferies Financial Group

E.On (FRA:EOAN – Get Rating) received a €10.50 ($11.29) price target from research analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s target price indicates a potential downside of 3.18% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Berenberg Bank set a €12.00 ($12.90) price target on shares of E.On in a research note on Tuesday, January 24th. The Goldman Sachs Group set a €11.35 ($12.20) price target on shares of E.On in a research note on Wednesday, February 8th. UBS Group set a €10.20 ($10.97) target price on E.On in a research report on Wednesday. Royal Bank of Canada set a €10.25 ($11.02) target price on E.On in a research report on Monday. Finally, Sanford C. Bernstein set a €9.30 ($10.00) target price on E.On in a research report on Wednesday.

E.On Stock Performance

Shares of EOAN stock opened at €10.85 ($11.66) on Wednesday. E.On has a 12 month low of €6.70 ($7.20) and a 12 month high of €10.80 ($11.61). The company’s fifty day moving average price is €10.08 and its 200-day moving average price is €9.17.

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.