E.On (EOAN) Given a €13.00 Price Target by Nord/LB Analysts

Nord/LB set a €13.00 ($15.12) price target on E.On (FRA:EOAN) in a research report sent to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also issued reports on EOAN. Goldman Sachs Group set a €10.80 ($12.56) target price on E.On and gave the stock a buy rating in a research report on Friday, March 22nd. Berenberg Bank set a €9.30 ($10.81) price target on E.On and gave the company a neutral rating in a research report on Tuesday, April 9th. Sanford C. Bernstein set a €11.50 ($13.37) price target on E.On and gave the company a buy rating in a research report on Tuesday, March 26th. Kepler Capital Markets set a €11.00 ($12.79) price target on E.On and gave the company a buy rating in a research report on Friday, March 22nd. Finally, Oddo Bhf set a €10.70 ($12.44) price target on E.On and gave the company a neutral rating in a research report on Wednesday, March 27th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €10.28 ($11.95).

Shares of E.On stock traded up €0.03 ($0.03) on Thursday, reaching €9.29 ($10.80). 8,558,144 shares of the company were exchanged. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week 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 supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

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