E.On (FRA:EOAN) PT Set at €13.00 by Nord/LB

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E.On (FRA:EOAN) received a €13.00 ($15.12) target price from investment analysts at Nord/LB in a note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 41.63% from the stock’s current price.

A number of other equities research analysts have also commented on EOAN. DZ Bank reaffirmed a “sell” rating on shares of E.On in a research note on Tuesday, September 17th. Sanford C. Bernstein set a €11.00 ($12.79) target price on shares of E.On and gave the company a “buy” rating in a report on Friday, November 29th. Goldman Sachs Group set a €8.95 ($10.41) price target on shares of E.On and gave the company a “sell” rating in a research report on Friday, November 29th. Independent Research set a €9.70 ($11.28) price target on E.On and gave the stock a “neutral” rating in a report on Friday, November 29th. Finally, HSBC set a €10.00 ($11.63) price objective on E.On and gave the stock a “buy” rating in a research report on Thursday, September 26th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €9.70 ($11.28).

E.On stock opened at €9.18 ($10.67) on Monday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The firm has a 50 day moving average price of €9.02 and a two-hundred day moving average price of €9.13.

E.On Company Profile

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 supplies 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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