Nord/LB Analysts Give E.On (FRA:EOAN) a €13.00 Price Target

Nord/LB set a €13.00 ($15.12) target price on E.On (FRA:EOAN) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on EOAN. UBS Group set a €9.30 ($10.81) target price on shares of E.On and gave the company a neutral rating in a report on Friday, November 29th. Sanford C. Bernstein set a €11.00 ($12.79) target price on shares of E.On and gave the company a buy rating in a report on Friday, November 29th. Royal Bank of Canada set a €10.25 ($11.92) target price on shares of E.On and gave the company a buy rating in a report on Friday, November 29th. Berenberg Bank set a €8.50 ($9.88) target price on shares of E.On and gave the company a neutral rating in a report on Wednesday, September 18th. Finally, Goldman Sachs Group set a €8.95 ($10.41) target price on shares of E.On and gave the company a sell rating in a report on Friday, November 29th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of €9.70 ($11.28).

Shares of FRA:EOAN opened at €9.20 ($10.70) on Monday. E.On has a 52 week low of €6.70 ($7.79) and a 52 week high of €10.80 ($12.56). The company has a 50-day moving average price of €9.03 and a 200 day moving average price of €9.13.

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: What is the Coverage Ratio?

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.