This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Utilities Companies: NRG Energy (NRG) and Ameren (AEE)

Tipranks - Fri May 8, 10:36AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on NRG Energy (NRG) and Ameren (AEE) with bullish sentiments.

Claim 55% Off TipRanks

NRG Energy (NRG)

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Buy rating on NRG Energy, with a price target of $215.00. The company’s shares closed last Thursday at $143.64.

According to TipRanks.com, Amicucci is a 4-star analyst with an average return of 15.5% and a 58.7% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

NRG Energy has an analyst consensus of Strong Buy, with a price target consensus of $199.40, representing a 32.2% upside. In a report issued on April 22, TipRanks – Google also upgraded the stock to Buy with a $166.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Ameren (AEE)

Truist Financial analyst Richard Sunderland maintained a Buy rating on Ameren today. The company’s shares closed last Thursday at $109.04.

According to TipRanks.com, Sunderland is a 4-star analyst with an average return of 4.6% and a 57.6% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Ameren has an analyst consensus of Moderate Buy, with a price target consensus of $119.33, a 9.3% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $124.00 price target.

Read More on NRG:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.