(CercleFinance.com) – E.ON gained nearly 1% and thus slightly outperformed the trend in Frankfurt, with favorable comments from Oddo BHF which confirmed its ‘outperformance’ opinion while raising its price target from 12.5 to 13.5 euros.
Despite a positioning described as ‘resolutely defensive’ with a low country risk, the research office believes that the German energy group offers a sustained growth profile for the coming years, combined with a valuation deemed attractive.
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