Breaking Finance News

Great Plains Energy Incorporated (NYSE:GXP) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.

Having a price of $26.74, Great Plains Energy Incorporated (NYSE:GXP) traded -1.36% lower on the day. With the last stock price down -9.62% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GXP has recorded a 50-day average of $27.25 and a two hundred day average of $29.59. Trade Volume was up over the average, with 5,791,198 shares of GXP changing hands over the typical 3,237,130

Zacks Investment Research has downgraded Great Plains Energy Incorporated (NYSE:GXP) to Sell in a statement released on Tuesday October 11, 2016.

Recent Performance Chart

Great Plains Energy Incorporated (NYSE:GXP)

Great Plains Energy Incorporated has PE ratio of 20.00 with a one year low of $25.44 and a one year high of $32.74 and has a market capitalization of $0.

A total of 7 brokerages have issued a ratings update on Great Plains Energy Incorporated. Two brokerages rating the company a strong buy, zero brokerages rating the company a buy, ten brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $31.00.

General Company Details For Great Plains Energy Incorporated (NYSE:GXP)

Great Plains Energy Incorporated is a public utility holding company. The Company operates through electric utility segment. The Company does not own or operate any assets other than the stock of its subsidiaries. The Company's subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated, regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L has an active subsidiary, Kansas City Power & Light Receivables Company (KCP&L Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO has two active subsidiaries, GMO Receivables Company and MPS Merchant Services, Inc. (MPS Merchant). It also holds GPE Transmission Holding Company, LLC (GPETHC).

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.

Leave a Reply

Your email address will not be published. Required fields are marked *