Goldman Sachs Reaffirms Their Buy Rating on NRG Energy (NRG)

In a report released today, Michael Lapides from Goldman Sachs maintained a Buy rating on NRG Energy (NRGResearch Report), with a price target of $46.00. The company’s shares opened today at $38.86.

Lapides covers the Utilities sector, focusing on stocks such as Centerpoint Energy, CMS Energy, and NRG Energy. According to TipRanks, Lapides has an average return of 2.3% and a 54.42% success rate on recommended stocks.

NRG Energy has an analyst consensus of Hold, with a price target consensus of $42.75.

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The company has a one-year high of $47.82 and a one-year low of $34.70. Currently, NRG Energy has an average volume of 3.82M.

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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.

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