Jefferies upgraded E.ON SE from Hold to Buy. The firm raised its price target for the energy provider from €17.40 to €22.70.
Analyst Ahmed Farman notes that the market currently underestimates the potential of the company's energy network investments. Germany's infrastructure expansion plans and new regulatory guidelines for capital costs will serve as key drivers in the coming months.
The original research note was published on August 2, 2026. Jefferies disseminated the report on August 3, 2026.