Berenberg Bank Analysts Give E.On (FRA:EOAN) a €9.00 Price Target

E.On (FRA:EOAN) has been given a €9.00 ($11.11) price objective by research analysts at Berenberg Bank in a research report issued on Friday, January 12th. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 8.59% from the stock’s previous close.

A number of other equities analysts also recently commented on EOAN. Societe Generale set a €9.60 ($11.85) price objective on E.On and gave the stock a “neutral” rating in a research report on Friday, September 15th. JPMorgan Chase & Co. set a €11.00 ($13.58) price objective on E.On and gave the stock a “buy” rating in a research report on Friday, September 15th. BNP Paribas set a €8.40 ($10.37) price target on E.On and gave the company a “sell” rating in a report on Tuesday, September 19th. Kepler Capital Markets set a €8.00 ($9.88) price target on E.On and gave the company a “sell” rating in a report on Tuesday, September 19th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of E.On in a report on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €10.15 ($12.53).

E.On (FRA EOAN) traded up €0.05 ($0.06) during midday trading on Friday, reaching €8.29 ($10.23). The company’s stock had a trading volume of 16,223,681 shares. E.On has a 52 week low of €6.70 ($8.27) and a 52 week high of €10.80 ($13.33). The firm has a market cap of $18,200.00 and a P/E ratio of 6.74.

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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, and internationally. The company provides power and gas distribution networks and related services; and plans, builds, operates, and manages renewable generation assets, such as onshore wind/solar and offshore wind/others.

Analyst Recommendations for E.On (FRA:EOAN)

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