Zacks Rating on TerraForm Power (TERP)

TerraForm Power (TERP) : The consensus on TerraForm Power (TERP) based on 3 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

TerraForm Power (TERP) : The most positive equity analysts on TerraForm Power (TERP) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $11 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $15.38 with an expected fluctuation of $4.31 from the mean.


Shares of TerraForm Power, Inc. appreciated by 0.43% during the last five trading days but lost 11% on a 4-week basis. TerraForm Power, Inc. is up 32.84% in the last 3-month period. Year-to-Date the stock performance stands at -8.03%. TerraForm Power (NASDAQ:TERP): stock turned positive on Tuesday. Though the stock opened at $11.27, the bulls momentum made the stock top out at $11.645 level for the day. The stock recorded a low of $11.27 and closed the trading day at $11.57, in the green by 2.75%. The total traded volume for the day was 595,860. The stock had closed at $11.26 in the previous days trading.

TerraForm Power, Inc. (TerraForm Power), formerly SunEdison Yieldco, Inc., owns and operates contracted clean power generation assets. The Company operates the power generation assets of SunEdison, Inc. and its consolidated subsidiaries (SunEdison), and third parties. It focuses on acquiring solar and wind generation assets serving utility, commercial and residential customers. Its portfolio consists of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with an aggregate nameplate capacity of 1,507.3 Megawatts as of February 20, 2015. Its portfolio as of February 20, 2015 includes both solar generation facilities and wind power plants consisting of 1,223.4 Megawatts of nameplate capacity from utility-scale power plants and 283.9 Megawatts of nameplate capacity of commercial, industrial, Government and residential customers. It is the managing member of Terra LLC, and operates, controls and consolidates the business affairs of Terra LLC.

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