E.ON SE with ticker code (EOAN.DE) have now 27 analysts commenting on the stock. The overall consensus points to a recommendation of ‘buy’. The target price ranges between €13.00 and €7.3 with the average target price sitting at €10.28. Given that the previous closing stock price was at €10.69 this is indicating there is a potential downside of -3.8%. There is a 50 day moving average of €10.20 and the 200 day moving average is €9.70. The market capitalisation for the company is €28b. Company Website: http://www.eon.com
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, 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. The Customer Solutions segment supplies power, gas, and heat, as well as with products and services that enhance energy efficiency to residential, small and medium-sized enterprises, large commercial and industrial, sales partners, and public entities. In addition, the company operates, generates, and dismantles nuclear power stations in Germany and Turkey. Further, it provides SmartSim, a software solution that allows renewable gases to be fed into gas grids; gas quality tracking solutions; GasPro, a mobile gas sample collector; and GasCalc, a software that calculates natural gases, LNG, and biogases properties. E.ON SE has a strategic partnership with Kraken Technologies to use Kraken Technologies’ technology platform to transform the United Kingdom’s business with residential and small and medium enterprise customers. The company was founded in 1923 and is headquartered in Essen, Germany.
