E.On (FRA:EOAN) Given a €11.00 Price Target by Sanford C. Bernstein Analysts

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.

About E.On

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

Analyst Recommendations for E.On (FRA:EOAN)

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