Short Term Rating on Great Plains Energy Inc (GXP)

Great Plains Energy Inc (GXP) : The consensus on Great Plains Energy Inc (GXP) based on 7 analyst recommendation on the company stock is 3.29, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 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.

Great Plains Energy Inc (GXP) : 5 Wall Street analysts covering Great Plains Energy Inc (GXP) believe that the average level the stock could reach for the short term is $29.6. The maximum price target given is $32 and the minimum target for short term is around $27, hence the standard deviation is calculated at $2.07.

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


Great Plains Energy Inc (NYSE:GXP): The stock opened at $31.03 on Tuesday but the bulls could not build on the opening and the stock topped out at $31.13 for the day. The stock traded down to $30.69 during the day, due to lack of any buying support eventually closed down at $30.72 with a loss of -1.60% for the day. The stock had closed at $31.22 on the previous day. The total traded volume was 1,655,737 shares.

Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. The Companys wholly owned direct subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated, regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary, Kansas City Power & Light Receivables Company (KCP&L Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO has two active wholly owned subsidiaries, GMO Receivables Company and MPS Merchant Services, Inc. (MPS Merchant).

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