Entergy Corporation with ticker code (ETR) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 137 and 111 calculating the average target price we see 128.53. Now with the previous closing price of 116.8 this indicates there is a potential upside of 10.0%. There is a 50 day moving average of 118.34 and the 200 moving average now moves to 110.12. The company has a market capitalisation of $24,234m. Company Website: https://www.entergy.com
The potential market cap would be $26,668m based on the market concensus.
Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. It operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment is involved in the ownership, operation, and decommissioning of nuclear power plants located in the northern United States; sale of electric power to wholesale customers; provision of services to other nuclear power plant owners; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers. The company generates electricity through gas, nuclear, coal, hydro, and solar power sources. It sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. Its power plants have approximately 26,000 megawatts (MW) of electric generating capacity, which include 6,000 MW of nuclear power. The company delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is based in New Orleans, Louisiana.
