E.On (EOAN) PT Set at €9.30 by Berenberg Bank

E.On (FRA:EOAN) received a €9.30 ($10.81) price target from stock analysts at Berenberg Bank in a note issued to investors on Tuesday, April 9th, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 0.85% from the stock’s previous close.

Other research analysts have also issued reports about the company. Kepler Capital Markets set a €10.00 ($11.63) price objective on E.On and gave the stock a “buy” rating in a research report on Thursday, January 24th. HSBC set a €10.50 ($12.21) price target on E.On and gave the stock a “buy” rating in a research report on Tuesday, January 22nd. Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On and gave the stock a “buy” rating in a research report on Monday, December 17th. Goldman Sachs Group set a €10.40 ($12.09) price target on E.On and gave the stock a “buy” rating in a research report on Tuesday, December 18th. Finally, UBS Group set a €10.00 ($11.63) price target on E.On and gave the stock a “buy” rating in a research report on Thursday, January 17th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. E.On currently has an average rating of “Hold” and an average price target of €10.33 ($12.02).

E.On stock traded down €0.05 ($0.06) during mid-day trading on Tuesday, hitting €9.38 ($10.91). The company’s stock had a trading volume of 11,927,190 shares. E.On has a 1 year low of €6.70 ($7.79) and a 1 year 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 supplies 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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