Sanford C. Bernstein Analysts Give E.On (EOAN) a €11.50 Price Target

E.On (FRA:EOAN) has been given a €11.50 ($13.37) target price by stock analysts at Sanford C. Bernstein in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 31.56% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group set a €11.00 ($12.79) price objective on E.On and gave the company a “buy” rating in a research report on Wednesday, August 8th. Societe Generale set a €9.50 ($11.05) price objective on E.On and gave the company a “neutral” rating in a research report on Friday, September 28th. JPMorgan Chase & Co. set a €11.50 ($13.37) price objective on E.On and gave the company a “buy” rating in a research report on Thursday. HSBC set a €10.20 ($11.86) price objective on E.On and gave the company a “neutral” rating in a research report on Thursday, September 6th. Finally, Goldman Sachs Group set a €10.40 ($12.09) price objective on E.On and gave the company a “buy” rating in a research report on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the company’s stock. E.On presently has a consensus rating of “Buy” and an average price target of €10.53 ($12.24).

E.On stock traded up €0.04 ($0.05) during midday trading on Friday, reaching €8.74 ($10.16). 8,555,254 shares of the stock traded hands. E.On has a 12 month low of €6.70 ($7.79) and a 12 month high of €10.80 ($12.56).

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

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Analyst Recommendations for E.On (FRA:EOAN)

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