NRG Energy (NYSE:NRG) had its price target increased by Jefferies Group from $33.00 to $38.00 in a research report sent to investors on Thursday morning, American Banking News reports. The firm currently has a buy rating on the stock.
NRG has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a neutral rating on shares of NRG Energy in a research note to investors on Monday, October 28th. They now have a $32.00 price target on the stock. Separately, 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. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of NRG Energy from a buy rating to a neutral rating in a research note to investors on Wednesday, September 18th. They now have a $28.00 price target on the stock, down previously from $31.00. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. NRG Energy presently has a consensus rating of Buy and a consensus target price of $31.04.
Shares of NRG Energy (NYSE:NRG) opened at 28.32 on Thursday. NRG Energy has a 52 week low of $19.15 and a 52 week high of $30.28. The stock has a 50-day moving average of $28.12 and a 200-day moving average of $27.23. The company has a market cap of $9.145 billion and a price-to-earnings ratio of 25.89.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 15th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, October 30th.
NRG Energy, Inc (NYSE:NRG) is an integrated wholesale power generation and retail electricity company in the United States.
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