E.On (EOAN) Given a €11.50 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €11.50 ($13.37) price objective on E.On (FRA:EOAN) in a report released on Friday morning. The firm currently has a buy rating on the stock.

Several other research analysts also recently weighed in on EOAN. Independent Research set a €10.60 ($12.33) target price on E.On and gave the stock a neutral rating in a research note on Thursday, July 19th. Credit Suisse Group set a €10.00 ($11.63) target price on E.On and gave the stock a neutral rating in a research note on Tuesday, July 31st. Morgan Stanley set a €10.50 ($12.21) target price on E.On and gave the stock a neutral rating in a research note on Friday, July 20th. Royal Bank of Canada set a €10.25 ($11.92) target price on E.On and gave the stock a buy rating in a research note on Wednesday, August 8th. Finally, JPMorgan Chase & Co. set a €11.50 ($13.37) target price on E.On and gave the stock a buy rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. E.On currently has an average rating of Buy and a consensus target price of €10.53 ($12.24).

E.On stock traded up €0.04 ($0.05) during mid-day trading on Friday, hitting €8.74 ($10.16). The company had a trading volume of 8,557,054 shares. E.On has a 12-month low of €6.70 ($7.79) and a 12-month 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 distributes 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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