Brokerage Firm Rating on NRG Energy (NRG)

NRG Energy (NRG) : The consensus on NRG Energy (NRG) based on 7 analyst recommendation on the company stock is 1.93, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

NRG Energy (NRG) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $23 and the lowest price target forecast is $13. The average forecast of all the analysts is $18.13 and the expected standard deviation is $3.36.


For the current week, the company shares have a recommendation consensus of Buy. NRG Energy (NYSE:NRG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.81 and $12.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.97, notching a gain of 1.73% for the day. The total traded volume was 3,624,686 . The stock had closed at $12.75 on the previous day.

In a related news,The director of Nrg Energy, Inc., Weidemeyer Thomas H sold 3,182 shares at $17.24 on June 3, 2016. The Insider selling transaction had a total value worth of $54,858. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

NRG Energy, Inc. (NRG) is a power company that produces, sells and delivers energy, and energy products and services in power markets in the United States. NRGs business segments are NRG Business, NRG Home, NRG Renew, NRG Yield and corporate activities. NRG Business consists of NRGs wholesale operations, including plant operations, commercial operations, engineering, procurement and construction (EPC), energy services and other related functions. NRG Home includes the Companys NRG Home Retail and NRG Home Solar businesses. NRG Renew includes the Companys solar and wind assets. NRG Yield includes NRGs contracted generation assets. As of December 31, 2014, NRG owned and operated approximately 52,000 megawatts (MW) of generation; transacted in and traded fuel and transportation services, and directly sold energy, services, and sustainable products and services to retail customers under the name NRG and other retail brand names owned by NRG.

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