RBC Capital analyst Shelby Tucker maintained a Hold rating on TerraForm Power (TERP) on April 28 and set a price target of $16.00. The company’s shares closed last Thursday at $17.25.
According to TipRanks.com, Tucker is a 5-star analyst with an average return of 5.5% and a 66.3% 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 TerraForm Power is a Hold with an average price target of $17.00.
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The company has a one-year high of $21.58 and a one-year low of $11.40. Currently, TerraForm Power has an average volume of 1.14M.
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TerraForm Power, Inc. engages in the acquisition of renewable energy assets. It operates through Solar and Wind segments. The Solar segment consists of Distributed Generation, North America Utility, and International Utility. The Wind segment comprises of Northeast Wind, Central Wind and Hawaii Wind. The company was founded on January 15, 2014 and is headquartered in New York, NY.
