NRG Energy (NRG) Receives ‘Analyst’ Rating

NRG Energy (NRG) : 4 brokerage houses believe that NRG Energy (NRG) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on NRG Energy (NRG). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 1.93.

NRG Energy (NRG) : 8 investment research analysts covering NRG Energy (NRG) have an average price target of $17 for the near short term. The highest target price given by the Brokerage Firm to the stock is $22 and the lowest target is $12 for the short term. Analysts expect the variance to be within $3.89 of the average price.


Also, Equity Analysts at the Brokerage Firm, UBS, maintains their rating on the shares of NRG Energy (NYSE:NRG). UBS has a Sell rating on the shares. As per the latest research report, the brokerage house lowers the price target to $12 per share from a prior target of $15. The rating by the firm was issued on August 31, 2016.

NRG Energy (NYSE:NRG): After opening at $10.82, the stock dipped to an intraday low of $10.7 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $11.31 and the buying power remained strong till the end. The stock closed at $11.15 for the day, a gain of 2.39% for the day session. The total traded volume was 6,643,271. The stocks close on the previous trading day was $10.89.

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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