E.On (EOAN) Given a €11.50 Price Target by Sanford C. Bernstein Analysts
Sanford C. Bernstein set a €11.50 ($13.37) target price on E.On (FRA:EOAN) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research firms also recently commented on EOAN. JPMorgan Chase & Co. set a €10.00 ($11.63) price objective on shares of E.On and gave the company a neutral rating in a report on Monday. Morgan Stanley set a €8.00 ($9.30) price objective on shares of E.On and gave the company a sell rating in a report on Tuesday, February 19th. Goldman Sachs Group set a €10.90 ($12.67) price objective on shares of E.On and gave the company a buy rating in a report on Friday, February 1st. Jefferies Financial Group set a €8.20 ($9.53) price objective on shares of E.On and gave the company a sell rating in a report on Wednesday, March 27th. Finally, Berenberg Bank set a €9.30 ($10.81) price objective on shares of E.On and gave the company a neutral rating in a report on Monday, January 21st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of €10.29 ($11.97).
FRA:EOAN opened at €9.16 ($10.65) on Monday. E.On has a one year low of €6.70 ($7.79) and a one year high of €10.80 ($12.56).
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.
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