Berenberg Bank Analysts Give E.On (EOAN) a €9.00 Price Target

E.On (FRA:EOAN) has been assigned a €9.00 ($10.47) price objective by Berenberg Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s target price would suggest a potential downside of 3.14% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Sanford C. Bernstein set a €11.50 ($13.37) target price on shares of E.On and gave the company a “buy” rating in a research note on Tuesday, March 26th. HSBC set a €10.50 ($12.21) target price on shares of E.On and gave the company a “buy” rating in a research note on Tuesday, January 22nd. Barclays set a €10.00 ($11.63) target price on shares of E.On and gave the company a “neutral” rating in a research note on Monday, January 28th. Credit Suisse Group set a €10.20 ($11.86) target price on shares of E.On and gave the company a “neutral” rating in a research note on Monday, February 4th. Finally, Goldman Sachs Group set a €10.90 ($12.67) target price on shares of E.On and gave the company a “buy” rating in a research note on Friday, February 1st. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €10.28 ($11.95).

FRA EOAN opened at €9.29 ($10.80) on Thursday. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56).

E.On Company Profile

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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