E.ON SE NA O.N. – Consensus Indicates Potential -2.6% Downside

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E.ON SE NA O.N. found using the Ticker (EOAN.DE) have now 27 analysts commenting on the stock. The overall consensus points to a recommendation of ‘buy’. The range between the high target price and low target price is between €13.00 and €7.3 with a mean TP of €10.28. Given that the previous closing stock price was at €10.55 this is indicating there is a potential downside of -2.6%. The 50 day moving average now sits at €10.09 and the 200 day MA is €9.21. The company has a market cap of €28b. Visit the company website at: 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.

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