E.On (FRA:EOAN) Given a €10.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a €10.00 ($11.76) price target on E.On (FRA:EOAN) in a research note issued to investors on Monday, Borsen Zeitung reports.

Several other research firms have also commented on EOAN. Sanford C. Bernstein set a €13.30 ($15.65) target price on shares of E.On in a report on Monday, August 9th. Credit Suisse Group set a €12.10 ($14.24) price target on shares of E.On in a report on Tuesday, September 7th. JPMorgan Chase & Co. set a €11.50 ($13.53) price target on shares of E.On in a report on Wednesday, August 11th. Kepler Capital Markets set a €15.00 ($17.65) price target on shares of E.On in a report on Wednesday, August 11th. Finally, Royal Bank of Canada set a €11.25 ($13.24) price target on shares of E.On in a report on Thursday, August 26th. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, E.On currently has a consensus rating of Buy and a consensus target price of €11.73 ($13.80).

EOAN stock opened at €10.82 ($12.73) on Monday. E.On has a 52 week low of €6.70 ($7.88) and a 52 week high of €10.80 ($12.71). The firm’s fifty day moving average is €10.76 and its 200 day moving average is €10.18.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, 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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Analyst Recommendations for E.On (FRA:EOAN)

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