uploads///NRG anr

Do Analysts See Upside in NRG Energy?

By

Nov. 20 2020, Updated 4:59 p.m. ET

Price targets

According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $17.68. It implies an estimated gain of more than 6% in one year from its current price of $16.70.

Of the 14 analysts tracking NRG Energy, five recommend it as a “buy,” four recommend it as a “strong buy,” and five recommend it as a “hold.” Interestingly, none of the analysts have a “sell” recommendation on NRG Energy as of February 7, 2017.

Calpine (CPN) has a one-year median price target of $15.30—compared to its market price of $11.12. It implies an upside of 38%. For Dynegy (DYN), Wall Street analysts have a median price target of $13.40. It implies a gain of 40% in one year from its current market price of $9.10.

The volatile earnings of these merchant power players largely influence their stock movements. Lower wholesale power prices, flat electricity growth, and increasing generation capacities at competitive prices have made the situation bleak for merchant power companies.

To find out which utilities might offer attractive upsides in 2017, read A Look at S&P 500 Utilities with Attractive Upsides in 2017.

Article continues below advertisement
Advertisement

More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.