E.ON: Barclays increases target price

(CercleFinance.com) - Barclays reiterates its 'Overweight' recommendation on E.
ON shares, while raising its target price for them from E15 to E15.5, still seeing the German energy group as one of its favourite regulated European utilities.

Undervaluation relative to peers, upside potential for EPS consensus and superior catalyst potential are likely to result in continued share price outperformance in the short term, the broker says.


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