Morgan Stanley Analysts Give E.On (FRA:EOAN) a €9.50 Price Target

E.On (FRA:EOAN) received a €9.50 ($11.05) target price from research analysts at Morgan Stanley in a research note issued on Wednesday, September 12th. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price objective suggests a potential upside of 9.92% from the company’s current price.

A number of other research analysts have also issued reports on EOAN. UBS Group set a €10.00 ($11.63) price target on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, June 27th. Independent Research set a €10.30 ($11.98) price target on shares of E.On and gave the company a “neutral” rating in a research note on Wednesday, June 27th. Societe Generale set a €10.80 ($12.56) price target on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, July 4th. DZ Bank restated a “buy” rating on shares of E.On in a research note on Wednesday, July 11th. Finally, Sanford C. Bernstein set a €12.00 ($13.95) price target on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, August 8th. Twelve equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €10.63 ($12.36).

E.On stock traded down €0.04 ($0.05) during mid-day trading on Wednesday, reaching €8.64 ($10.05). 12,532,924 shares of the company traded hands. 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 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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