E.On (EOAN) Given a €11.50 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €11.50 ($13.37) target price on E.On (FRA:EOAN) in a report published on Friday morning. The firm currently has a buy rating on the stock.

A number of other analysts also recently weighed in on EOAN. Independent Research set a €10.60 ($12.33) price target on E.On and gave the company a neutral rating in a research note on Thursday, July 19th. Morgan Stanley set a €10.50 ($12.21) price target on E.On and gave the company a neutral rating in a research note on Friday, July 20th. Credit Suisse Group set a €10.00 ($11.63) price target on E.On and gave the company a neutral rating in a research note on Tuesday, July 31st. JPMorgan Chase & Co. set a €11.50 ($13.37) price target on E.On and gave the company a buy rating in a research note on Wednesday, August 1st. Finally, Royal Bank of Canada set a €10.25 ($11.92) price target on E.On and gave the company a buy rating in a research note on Wednesday, August 8th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of €10.53 ($12.24).

Shares of E.On stock traded up €0.04 ($0.05) during trading on Friday, reaching €8.74 ($10.16). The company’s stock had a trading volume of 8,557,054 shares. 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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