NRG Energy (NYSE:NRG) had its target price decreased by Jefferies Group from $38.00 to $36.00 in a research note released on Friday morning, Analyst Ratings Network.com reports. They currently have a buy rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a neutral rating on shares of NRG Energy in a research note to investors on Wednesday, November 13th. They now have a $28.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of NRG Energy in a research note to investors on Wednesday, September 25th. They now have a $26.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. NRG Energy currently has a consensus rating of Buy and an average price target of $30.54.
Shares of NRG Energy (NYSE:NRG) traded down 0.92% during mid-day trading on Friday, hitting $27.02. The stock had a trading volume of 667,607 shares. NRG Energy has a one year low of $19.38 and a one year high of $30.28. The stock’s 50-day moving average is $28. and its 200-day moving average is $27.22. The company has a market cap of $8.727 billion and a price-to-earnings ratio of 19.16.
NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.83 by $0.46. The company had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter last year, the company posted ($0.01) earnings per share. NRG Energy’s revenue was up 49.7% compared to the same quarter last year. On average, analysts predict that NRG Energy will post $0.68 earnings per share for the current fiscal year.
NRG Energy, Inc (NYSE:NRG) is an integrated wholesale power generation and retail electricity company in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.