Sanford C. Bernstein Reiterates “€12.80” Price Target for E.On (FRA:EOAN)

Sanford C. Bernstein set a €12.80 ($13.47) price objective on E.On (FRA:EOANGet Rating) in a research report released on Wednesday, Borsen Zeitung reports.

Several other equities analysts have also issued reports on the company. Jefferies Financial Group set a €9.80 ($10.32) price target on E.On in a research note on Wednesday. UBS Group set a €10.25 ($10.79) price objective on E.On in a report on Tuesday. JPMorgan Chase & Co. set a €12.50 ($13.16) price objective on E.On in a report on Thursday, March 24th. The Goldman Sachs Group set a €12.90 ($13.58) target price on E.On in a report on Tuesday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft set a €13.00 ($13.68) target price on E.On in a report on Thursday, March 17th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Buy and an average price target of €12.29 ($12.94).

E.On stock opened at €9.89 ($10.41) on Wednesday. The business’s 50-day simple moving average is €10.29 and its 200-day simple moving average is €11.18. E.On has a 52 week low of €6.70 ($7.05) and a 52 week high of €10.80 ($11.37).

E.On Company Profile (Get Rating)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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Analyst Recommendations for E.On (FRA:EOAN)

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