RBC Capital analyst Shelby Tucker maintained a Buy rating on Entergy (ETR) yesterday and set a price target of $112.00. The company’s shares closed last Monday at $105.34.
According to TipRanks.com, Tucker is a 5-star analyst with an average return of 7.2% and a 69.6% success rate. Tucker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Nextera Energy Partners.
Currently, the analyst consensus on Entergy is a Strong Buy with an average price target of $115.38, representing an 8.5% upside. In a report issued on October 6, Mizuho Securities also maintained a Buy rating on the stock with a $109.00 price target.
See today’s analyst top recommended stocks >>
Entergy’s market cap is currently $21.36B and has a P/E ratio of 17.40. The company has a Price to Book ratio of 2.13.
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.
Entergy Corp. is a holding company, which engages in electric power generation and distribution. It operates through the following segments: Utility, Entergy Wholesale Commodities, and All Other. The Utility segment includes the generation, transmission, distribution, and sale of electric power; and operations of a natural gas distribution business. The Entergy Wholesale Commodities segment owns, operates, and decommissions nuclear power plants; and sells electric power. The All Other segment comprises parent company, Entergy Corporation, and Other business activity. The company was founded by Harvey Couch on November 13, 1913 and is headquartered in New Orleans, LA.
