Entergy Corporation (ETR) has an average broker rating of 3.2, which is interpreted as a Hold, as rated by 10 equity analysts. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Entergy Corporation (ETR) : 7 Wall Street analysts covering Entergy Corporation (ETR) believe that the average level the stock could reach for the short term is $78.43. The maximum price target given is $88 and the minimum target for short term is around $59, hence the standard deviation is calculated at $10.25.
Company shares have received an average consensus rating of Hold for the current week
Entergy Corporation (NYSE:ETR): The stock opened at $80.69 on Wednesday but the bulls could not build on the opening and the stock topped out at $81.06 for the day. The stock traded down to $79.88 during the day, due to lack of any buying support eventually closed down at $80.33 with a loss of -0.04% for the day. The stock had closed at $80.36 on the previous day. The total traded volume was 1,383,042 shares.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.