Sanford C. Bernstein Reiterates “€11.50” Price Target for E.On (EOAN)

Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On (FRA:EOAN) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently commented on EOAN. JPMorgan Chase & Co. set a €10.00 ($11.63) price target on E.On and gave the company a neutral rating in a research report on Monday. Morgan Stanley set a €8.00 ($9.30) price target on E.On and gave the company a sell rating in a research report on Tuesday, February 19th. Goldman Sachs Group set a €10.90 ($12.67) price target on E.On and gave the company a buy rating in a research report on Friday, February 1st. 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. Finally, 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 Monday, January 21st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. E.On presently has a consensus rating of Hold and a consensus price target of €10.28 ($11.95).

EOAN stock opened at €9.26 ($10.77) on Monday. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week 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.

Further Reading: Debt-To-Equity Ratio

Analyst Recommendations for E.On (FRA:EOAN)

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