Entergy Corporation (ETR) : The consensus on Entergy Corporation (ETR) based on 9 analyst recommendation on the company stock is 3.22, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 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.
Entergy Corporation (ETR) : Average target price received by Entergy Corporation (ETR) is $76.29 with an expected standard deviation of $8.85. The most aggressive target on the stock is $84, whereas the most downbeat target is $59. 7 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
Entergy Corporation (NYSE:ETR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.45 and $80.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.06, notching a gain of 0.06% for the day. The total traded volume was 1,623,495 . The stock had closed at $81.01 on the previous day.
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.