Sanford C. Bernstein Reiterates €12.90 Price Target for E.On (FRA:EOAN)
Sanford C. Bernstein set a €12.90 ($15.18) price target 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 analysts have also recently commented on EOAN. Nord/LB set a €11.00 ($12.94) price target on shares of E.On and gave the company a buy rating in a research report on Friday, August 14th. Citigroup set a €10.00 ($11.76) price target on shares of E.On and gave the company a neutral rating in a research report on Friday, June 26th. Jefferies Financial Group set a €10.00 ($11.76) price target on shares of E.On and gave the company a neutral rating in a research report on Wednesday, August 12th. DZ Bank reaffirmed a neutral rating on shares of E.On in a research report on Wednesday, August 12th. Finally, Barclays set a €11.50 ($13.53) price target on shares of E.On and gave the company a buy rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €10.95 ($12.89).
Shares of FRA EOAN opened at €9.85 ($11.59) on Monday. The business has a 50-day moving average of €9.96 and a 200-day moving average of €9.66. E.On has a fifty-two week low of €6.70 ($7.88) and a fifty-two week high of €10.80 ($12.71).
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.
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