A number of other analysts have also recently weighed in on the company. Goldman Sachs Group set a €15.00 ($17.44) price target on freenet and gave the stock a sell rating in a research report on Monday, May 13th. Oddo Bhf set a €16.50 ($19.19) price target on UniCredit and gave the stock a buy rating in a research report on Wednesday, May 15th. Jefferies Financial Group dropped their price target on Albemarle from $114.00 to $90.00 and set a buy rating on the stock in a research report on Monday, May 20th. They noted that the move was a valuation call. Berenberg Bank set a €54.00 ($62.79) price target on 1&1 Drillisch and gave the stock a buy rating in a research report on Thursday, May 16th. Finally, Nord/LB set a €0.00 ($0.00) price target on KWS Saat and gave the stock a neutral rating in a research report on Thursday, May 16th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €10.25 ($11.92).
Shares of E.On stock traded down €0.05 ($0.06) on Wednesday, reaching €9.49 ($11.03). 8,469,915 shares of the company were exchanged. The stock has a 50-day moving average price of €9.68. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56).
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.
See Also: Systematic Risk
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