E.On (FRA:EOAN) Given a €12.80 Price Target by Sanford C. Bernstein Analysts

E.On (FRA:EOANGet Rating) has been given a €12.80 ($13.33) price target by stock analysts at Sanford C. Bernstein in a research note issued to investors on Friday, Borsen Zeitung reports. Sanford C. Bernstein’s price target would indicate a potential upside of 50.66% from the stock’s previous close.

EOAN has been the topic of a number of other reports. Berenberg Bank set a €13.00 ($13.54) price target on E.On in a research report on Monday, March 14th. Deutsche Bank Rese… set a €13.00 ($13.54) price target on E.On in a research report on Thursday, May 12th. Barclays set a €12.50 ($13.02) price target on E.On in a research report on Wednesday, May 11th. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.54) price target on E.On in a research report on Thursday, March 17th. Finally, UBS Group set a €10.25 ($10.68) target price on E.On in a research report on Tuesday, May 10th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of €12.26 ($12.77).

Shares of E.On stock traded down €0.60 ($0.63) on Friday, reaching €8.50 ($8.85). 22,859,870 shares of the company were exchanged. The company’s 50-day moving average is €9.90 and its two-hundred day moving average is €10.96. E.On has a 1-year low of €6.70 ($6.98) and a 1-year high of €10.80 ($11.25).

About E.On (Get Rating)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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