BofA Merrill downgraded NRG Energy (NYSE:NRG) from Buy to Neutral in a report released today.
- Updated: November 27, 2016
Just yesterday NRG Energy (NYSE:NRG) traded -0.73% lower at $11.52. NRG Energy’s 50-day moving average is $11.11 and its 200-day moving average is $13.15. The last stock price is down -16.71% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,755,896 shares of NRG traded hands, down from an average trading volume of 5,308,480
BofA Merrill has downgraded NRG Energy (NYSE:NRG) from Buy to Neutral in a report released on 11/22/2016.
Recent Performance Chart
NRG Energy has 52 week low of $8.80 and a 52 week high of $18.32 and has a market capitalization of $0.
In addition to BofA Merrill reporting its stock price target, a total of 14 brokerages have issued a ratings update on the company. The average stock price target is $18.50 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On NRG Energy (NYSE:NRG)
NRG Energy, Inc. (NRG) is an integrated power company that produces, sells and delivers energy, and energy products and services in various power markets in the United States. The Company's segments include NRG Business, which includes power generation, the carbon capture business and energy services; NRG Home, which includes NRG Home Retail, which consists of residential retail services and products, and NRG Home Solar, which includes the installation and leasing of residential solar services; NRG Renew, which includes solar and wind assets, excluding those in the NRG Yield and NRG Home Solar segments; NRG Yield, and corporate activities. NRG Yield includes certain of the Company's contracted generation assets. Its corporate segment includes Boston Energy Trading and Marketing LLC (BETM), international business and electric vehicle services. It owns and operates approximately 50,000 megawatts of generation, and engages in the trading of wholesale energy, capacity and related products.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.