Entergy Corporation (NYSE:ETR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.2 by 10 Brokerage Firm. 9 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Jefferies maintains its rating on Entergy Corporation (NYSE:ETR).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Jefferies raises the new price target from $79 per share to $84 per share. The rating by the firm was issued on June 10, 2016.
Entergy Corporation (NYSE:ETR): The stock price is expected to reach $ 76.29 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $84 while the lower estimate is at $59. The standard deviation of the price stands at $8.85.
Entergy Corporation (NYSE:ETR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.2% or 0.16 points. After the session commenced at $77.99, the stock reached the higher end at $78.41 while it hit a low of $77.67. With the volume soaring to 1,167,817 shares, the last trade was called at $77.95. The company has a 52-week high of $80.06. The company has a market cap of $13,933 million and there are 178,740,870 shares in outstanding. The 52-week low of the share price is $61.27.
Entergy Corporation has dropped 1.34% in the last five trading days, however, the shares have posted positive gains of 4.91% in the last 4 weeks. Entergy Corporation is up 1.45% in the last 3-month period. Year-to-Date the stock performance stands at 16.7%.
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.