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).
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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