NRG Energy (NRG) : Analyst Rating Update

NRG Energy (NRG) : Zacks Investment Research ranks NRG Energy (NRG) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.81, which indicates as a Buy.

NRG Energy (NRG) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $26 and the lowest price target forecast is $13. The average forecast of all the analysts is $18.5 and the expected standard deviation is $3.85.

NRG Energy (NYSE:NRG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.40 and $14.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.63, notching a gain of 0.90% for the day. The total traded volume was 2,517,166 . The stock had closed at $14.50 on the previous day.

Also, Brokerage firm Citigroup maintains its rating on NRG Energy (NYSE:NRG). As per the latest information, the brokerage house raises the price target to $14 per share from a prior target of $13. The shares have been rated Sell. The rating by the firm was issued on June 10, 2016. The company shares have dropped -34.39% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $23.07 and the one year low was seen on Dec 7, 2015. The 50-Day Moving Average price is $15.42 and the 200 Day Moving Average price is recorded at $13.08.

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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