E.On (FRA:EOAN) PT Set at €11.00 by Morgan Stanley

E.On (FRA:EOAN) has been given a €11.00 ($12.79) target price by Morgan Stanley in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s target price points to a potential downside of 0.94% from the company’s current price.

Several other equities research analysts have also issued reports on EOAN. Deutsche Bank 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 Monday, February 3rd. DZ Bank reaffirmed a “sell” rating on shares of E.On in a research note on Monday, January 6th. Royal Bank of Canada set a €10.25 ($11.92) target price on shares of E.On and gave the stock a “buy” rating in a research report on Friday, November 29th. Kepler Capital Markets set a €10.00 ($11.63) target price on shares of E.On and gave the stock a “neutral” rating in a research report on Monday, January 27th. Finally, Jefferies Financial Group set a €11.00 ($12.79) target price on shares of E.On and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of €10.48 ($12.18).

EOAN stock opened at €11.10 ($12.91) on Thursday. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56). The company has a fifty day simple moving average of €10.11 and a 200 day simple moving average of €9.24.

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.

Further Reading: Correction

Analyst Recommendations for E.On (FRA:EOAN)

Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.