Entergy Corporation with ticker code (ETR) have now 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 144 and 115 and has a mean target at 129.22. With the stocks previous close at 122.04 this now indicates there is a potential upside of 5.9%. There is a 50 day moving average of 115.63 and the 200 moving average now moves to 113.28. The market capitalisation for the company is $23,944m. Company Website: https://www.entergy.com
The potential market cap would be $25,353m based on the market concensus.
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company 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 engages in the ownership, operation, and decommissioning of nuclear power plants; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company 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 26,000 megawatts (MW) of electric generating capacity, which include 6,000 MW of nuclear power. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The company was founded in 1913 and is headquartered in New Orleans, Louisiana.
