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).

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.

Featured Article: Fundamental Analysis – How It Helps Investors

Analyst Recommendations for E.On (FRA:EOAN)

Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.