Sanford C. Bernstein set a €11.50 ($13.37) target price on E.On (FRA:EOAN) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently commented on the company. Royal Bank of Canada set a €10.00 ($11.63) target price on E.On and gave the company a neutral rating in a research report on Friday, April 26th. HSBC set a €11.30 ($13.14) target price on E.On and gave the company a buy rating in a research report on Thursday, April 25th. UBS Group set a €9.65 ($11.22) target price on E.On and gave the company a neutral rating in a research report on Thursday, April 25th. Berenberg Bank set a €9.30 ($10.81) price target on E.On and gave the company a neutral rating in a research report on Tuesday, April 9th. Finally, Jefferies Financial Group set a €8.20 ($9.53) price target on E.On and gave the company a sell rating in a research report on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €10.33 ($12.02).
EOAN opened at €9.38 ($10.91) on Tuesday. E.On has a 12 month low of €6.70 ($7.79) and a 12 month high of €10.80 ($12.56).
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.
Further Reading: Economic Reports
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