Brokerage Firm Rating Update on NRG Energy (NRG)

NRG Energy (NRG) : The consensus on NRG Energy (NRG) based on 8 analyst recommendation on the company stock is 1.81, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 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) : 8 investment research analysts covering NRG Energy (NRG) have an average price target of $17.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $23 and the lowest target is $12 for the short term. Analysts expect the variance to be within $4.03 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm UBS maintains its rating on NRG Energy (NYSE:NRG). The rating major has initiated the coverage with sell rating on the shares. The Analysts at UBS lowers the price target from $15 per share to $12 per share. The rating by the firm was issued on August 31, 2016.

NRG Energy (NYSE:NRG): The stock opened at $12.15 and touched an intraday high of $12.48 on Wednesday. During the day, the stock corrected to an intraday low of $12.15, however, the bulls stepped in and pushed the price higher to close in the green at $12.3 with a gain of 1.23% for the day. The total traded volume for the day was 3,561,533. The stock had closed at $12.15 in the previous trading session.

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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