NRG Energy with ticker code (NRG) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 53 and 40 with a mean TP of 45.8. With the stocks previous close at 39.88 this would indicate that there is a potential upside of 14.8%. The 50 day moving average now sits at 39.78 and the 200 day MA is 39.54. The market capitalisation for the company is $9,649m. Find out more information at: https://www.nrg.com
The potential market cap would be $11,081m based on the market concensus.
NRG Energy, together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to 3.6 million residential, industrial, and commercial consumers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, energy efficiency, advisory, and on-site energy solutions; and carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; provides transportation services; and directly sells energy, services, and products and services to retail customers under the NRG, Reliant, Green Mountain Energy, Stream, XOOM Energy, and other brand names. As of December 31, 2020, it owns power generation portfolio with approximately 23,000 megawatts of capacity at 33 plants. NRG Energy was founded in 1989 and is headquartered in Houston, Texas.
