NRG, FE, SCG, and AES: How Analysts Rate These SPX Utilities
We’re analyzing certain utilities from the S&P 500 Utilities Index (XLU) that offer an attractive potential gain. The utilities are NRG Energy (NRG), SCANA Corporation (SCG), FirstEnergy (FE), and AES (AES). In the previous part, we discussed their target prices and recent market performance. In this part, we’ll discuss how analysts rate these stocks.
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The above chart shows analysts’ ratings for the utilities. Wall Street analysts seem the most positive about NRG Energy. It has the highest percentage of “strong buy” and “buy” ratings compared to the other utility stocks on our list. It’s interesting to see analysts’ optimism and the stock’s big gain potential after doubling in such a short period.
It should be noted that of the utilities we’re discussing, only SCANA has some “sell” ratings. As the above chart shows, 10% of the analysts rated SCANA stock as a “strong sell” and 10% rated its as a “sell” as of September 26, 2017.
Read Which Utility Stock Offers the Highest Potential Gain—NEE, DUK, or SO? to learn more about the target prices and analysts’ recommendations for the top utility stocks.