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A statement released earlier today by Citigroup about Entergy Corporation (NYSE:ETR) bumps down the target price to $76.00

Yesterday Entergy Corporation (NYSE:ETR) traded -2.13% lower at $74.33. The company’s 50-day moving average is $78.67 and its 200-day moving average is $78.17. With the last close down -5.14% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 1,103,292 shares of ETR changing hands under the typical 1,115,270

Citigroup bumped down the target of Entergy Corporation (NYSE:ETR) to $76.00 indicating a possible upside of 0.02%.

Recent Performance Chart

Entergy Corporation (NYSE:ETR)

Entergy Corporation has PE ratio of 76.60 with a one year low of $64.11 and a one year high of $82.09 and has a market capitalization of $0.

A total of 16 analysts have released a report on Entergy Corporation. zero analysts rating the company a strong buy, one analyst rating the company a buy, nineteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $78.09.

General Company Details For Entergy Corporation (NYSE:ETR)

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. It operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers. The Company owns and operates power plants with over 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity.

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