Sanford C. Bernstein set a €11.00 ($12.79) price objective on E.On (FRA:EOAN) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts also recently weighed in on EOAN. Royal Bank of Canada set a €10.00 ($11.63) target price on shares of E.On and gave the stock a neutral rating in a research note on Wednesday, August 7th. Nord/LB set a €13.00 ($15.12) target price on shares of E.On and gave the stock a buy rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. set a €8.30 ($9.65) target price on shares of E.On and gave the stock a sell rating in a research note on Tuesday. HSBC set a €10.00 ($11.63) target price on shares of E.On and gave the stock a buy rating in a research note on Monday, August 12th. Finally, UBS Group set a €9.65 ($11.22) target price on shares of E.On and gave the stock a neutral rating in a research note on Tuesday. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €10.01 ($11.63).
Shares of EOAN opened at €8.29 ($9.64) on Friday. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week high of €10.80 ($12.56). The firm has a 50-day simple moving average of €9.25 and a 200-day simple moving average of €9.58.
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 supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.
See Also: Buy-Side Analysts
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