E.On (EOAN) Given a €12.00 Price Target by Sanford C. Bernstein Analysts

E.On (FRA:EOAN) has been assigned a €12.00 ($13.95) price objective by analysts at Sanford C. Bernstein in a report issued on Monday, February 4th. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 23.23% from the company’s current price.

EOAN has been the subject of a number of other reports. UBS Group set a €10.00 ($11.63) price objective on shares of E.On and gave the company a “buy” rating in a research note on Monday, November 19th. Independent Research set a €9.60 ($11.16) price objective on shares of E.On and gave the company a “neutral” rating in a research note on Tuesday, December 18th. DZ Bank reaffirmed a “buy” rating on shares of E.On in a research note on Wednesday, November 14th. Goldman Sachs Group set a €10.40 ($12.09) price objective on shares of E.On and gave the company a “buy” rating in a research note on Wednesday, November 14th. Finally, Cfra set a €10.50 ($12.21) price objective on shares of E.On and gave the company a “neutral” rating in a research note on Friday, November 16th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €10.30 ($11.98).

EOAN traded up €0.05 ($0.06) on Monday, reaching €9.74 ($11.32). The company had a trading volume of 6,062,658 shares. E.On has a one year low of €6.70 ($7.79) and a one 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 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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