In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Eversource Energy (NYSE: ES), with a price target of $65. The company’s shares closed yesterday at $61.77.
According to TipRanks.com, Byrd is a 3-star analyst with an average return of 1.9% and a 59.8% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Nextera Energy Partners.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eversource Energy with a $63.33 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $66.15 and a one-year low of $52.76. Currently, Eversource Energy has an average volume of 1.5M.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. It operates through the following segments: Electric Distribution, Electric Transmission, and Natural Gas Distribution. The Electric Distribution segment distributes electricity to retail customers.
