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A report released earlier today by Zacks Investment Research about Eversource Energy (NYSE:ES) raises the target price to $70.00

In a report released on 6/21/2017 Zacks Investment Research increased the stock price target of Eversource Energy (NYSE:ES) to $70.00 indicating a possible upside of 0.12%.

Yesterday Eversource Energy (NYSE:ES) traded -0.30% lower at $62.77. The company’s 50-day moving average is $62.51 and its 200-day moving average is $60.79. The last closing price is up 3.41% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 2,129,562 shares of the stock traded hands, up from an average trading volume of 1,309,960

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Eversource Energy (NYSE:ES)

Eversource Energy has a 52 week low of $50.56 and a 52 week high of $64.19 with a P/E ratio of 20.34 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 15 brokers have issued a report on the company. The average stock price target is $58.55 with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 14 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Eversource Energy (NYSE:ES)

Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company's electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, eastern Massachusetts, New Hampshire and western Massachusetts, and the regulated electric generation businesses. Its electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Its electric distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric), Public Service Company of New Hampshire (PSNH) and Western Massachusetts Electric Company (WMECO).

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