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Analysts Offer Insights on Utilities Companies: NRG Energy (NRG) and Entergy (ETR)

Tipranks - Thu Mar 5, 5:10AM CST

Analysts have been eager to weigh in on the Utilities sector with new ratings on NRG Energy (NRGResearch Report) and Entergy (ETRResearch Report).

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NRG Energy (NRG)

Citi analyst Ryan Levine maintained a Buy rating on NRG Energy yesterday and set a price target of $180.00. The company’s shares closed last Tuesday at $162.06.

According to TipRanks.com, Levine is a 4-star analyst with an average return of 8.0% and a 67.9% success rate. Levine covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Pinnacle West Capital, and Mdu Resources Group. ;'>

Currently, the analyst consensus on NRG Energy is a Strong Buy with an average price target of $201.22, which is a 23.6% upside from current levels. In a report issued on February 25, Evercore ISI also initiated coverage with a Buy rating on the stock with a $215.00 price target.

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Entergy (ETR)

Bank of America Securities analyst Ross Fowler maintained a Hold rating on Entergy yesterday and set a price target of $103.00. The company’s shares closed last Tuesday at $105.81.

According to TipRanks.com, Fowler is a 5-star analyst with an average return of 8.4% and a 68.1% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and California Water Service. ;'>

Currently, the analyst consensus on Entergy is a Strong Buy with an average price target of $107.15, representing a 2.2% upside. In a report issued on February 20, Morgan Stanley also maintained a Hold rating on the stock with a $98.00 price target.

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