Entergy Corporation found using ticker (ETR) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 129 and 96 and has a mean target at 117.97. With the stocks previous close at 105.21 this is indicating there is a potential upside of 12.1%. The 50 day moving average now sits at 109.06 and the 200 day moving average is 106.41. The market capitalisation for the company is $21,086m. Visit the company website at: https://www.entergy.com
The potential market cap would be $23,644m 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.
