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Analysts Offer Insights on Utilities Companies: Talen Energy Corp (TLN), American Electric Power (AEP) and Duke Energy (DUK)

Tipranks - Tue Feb 17, 5:06AM CST

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Talen Energy Corp (TLNResearch Report), American Electric Power (AEPResearch Report) and Duke Energy (DUKResearch Report).

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Talen Energy Corp (TLN)

Wells Fargo analyst Shahriar Pourreza maintained a Buy rating on Talen Energy Corp on February 13 and set a price target of $506.00. The company’s shares closed last Friday at $376.70.

According to TipRanks.com, Pourreza is a 5-star analyst with an average return of 9.1% and a 69.1% success rate. Pourreza covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Talen Energy Corp with a $469.38 average price target, a 28.6% upside from current levels. In a report issued on February 5, Bank of America Securities also maintained a Buy rating on the stock with a $447.00 price target.

See today’s best-performing stocks on TipRanks >>

American Electric Power (AEP)

In a report issued on February 13, Michael Lonegan from Barclays maintained a Hold rating on American Electric Power, with a price target of $128.00. The company’s shares closed last Friday at $129.94.

Lonegan has an average return of 9.0% when recommending American Electric Power. ;'>

According to TipRanks.com, Lonegan is ranked #3326 out of 12109 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Electric Power with a $130.00 average price target, a 2.1% upside from current levels. In a report issued on February 13, Mizuho Securities also maintained a Hold rating on the stock with a $130.00 price target.

Duke Energy (DUK)

In a report released yesterday, Pei Hwa Ho from DBS maintained a Hold rating on Duke Energy, with a price target of $135.00. The company’s shares closed last Friday at $128.20.

According to TipRanks.com, Ho is ranked #637 out of 12109 analysts.

Currently, the analyst consensus on Duke Energy is a Moderate Buy with an average price target of $133.00, which is a 6.3% upside from current levels. In a report issued on February 11, TipRanks – Anthropic also downgraded the stock to Hold with a $130.00 price target.

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