Entergy Corporation found using ticker (ETR) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 128 and 106 calculating the mean target price we have 119.88. With the stocks previous close at 108.19 this would indicate that there is a potential upside of 10.8%. The 50 day MA is 107.88 and the 200 moving average now moves to 106.32. The company has a market capitalisation of $21,640m. Company Website: https://www.entergy.com
The potential market cap would be $23,978m based on the market concensus.
Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. The company generates electricity through gas/oil, nuclear, coal, hydro, and solar power sources. It operates in two segments, Utility and Entergy Wholesale Commodities. The company’s Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas. Its Entergy Wholesale Commodities segment engages 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 owning interests in non-nuclear power plants that sell electric power to wholesale customers. It sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company’s power plants have approximately 30,000 megawatts (MW) of electric generating capacity, which include 8,000 MW of nuclear power. The company delivers electricity to 3.0 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was incorporated in 1949 and is based in New Orleans, Louisiana.
