E.On Se (EOAN) Receives Consensus Recommendation of “Buy” from Analysts

E.On Se (FRA:EOAN) has been assigned a consensus recommendation of “Buy” from the twenty-two ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is €10.23 ($11.90).

Several research analysts recently weighed in on EOAN shares. UBS Group set a €10.00 ($11.63) target price on E.On and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley set a €8.00 ($9.30) target price on E.On and gave the company a “sell” rating in a research note on Thursday. Goldman Sachs Group set a €10.90 ($12.67) target price on E.On and gave the company a “buy” rating in a research note on Wednesday, January 9th. Independent Research set a €9.60 ($11.16) price target on E.On and gave the company a “neutral” rating in a research report on Tuesday, December 18th. Finally, Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On and gave the company a “buy” rating in a research report on Monday, December 17th.

Shares of EOAN traded up €0.09 ($0.10) during trading hours on Tuesday, reaching €9.13 ($10.62). 10,955,122 shares of the company’s stock traded hands. E.On has a twelve month low of €6.70 ($7.79) and a twelve month 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 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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