Short Term Rating on Eversource Energy (ES)

Eversource Energy (ES) : 11 analysts are covering Eversource Energy (ES) and their average rating on the stock is 2.55, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Eversource Energy (ES) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Eversource Energy (ES) : Average target price received by Eversource Energy (ES) is $58.5 with an expected standard deviation of $3.12. The most aggressive target on the stock is $65, whereas the most downbeat target is $55. 8 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week


Eversource Energy (NYSE:ES): The stock opened at $58.98 on Tuesday but the bulls could not build on the opening and the stock topped out at $59.05 for the day. The stock traded down to $57.85 during the day, due to lack of any buying support eventually closed down at $57.88 with a loss of -2.44% for the day. The stock had closed at $59.33 on the previous day. The total traded volume was 2,097,636 shares.

Eversource Energy, formerly Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Companys electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from the Companys natural gas distribution companies.

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