tiprankstipranks
Blurbs

Canadian Energy Company Revisited by BMO Capital Analyst

BMO Capital analyst James Thalacker reiterated a Hold rating on NRG Energy (NRGResearch Report) today and set a price target of $44.00. The company’s shares closed last Thursday at $39.14.

According to TipRanks.com, Thalacker is a 5-star analyst with an average return of 10.9% and a 84.9% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Centerpoint Energy.

Currently, the analyst consensus on NRG Energy is a Hold with an average price target of $41.75.

See the top stocks recommended by analysts >>

Based on NRG Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $7.9 billion and net profit of $1.74 billion. In comparison, last year the company earned revenue of $8.09 billion and had a GAAP net loss of $82 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

NRG Energy, Inc. engages in the production, sale, and distribution of energy and energy services. It operates through the following segments: Generation, Retail, and Corporate. The Generation segment includes all power plant activities, domestic and international, as well as renewables. The Retail segment includes mass customers and business solutions, and other distributed and reliability products. The Corporate segment includes residential solar and electric vehicle services. The company was founded in 1989 and is headquartered in Princeton, NJ.

Read More on NRG:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More