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Great Plains Energy Incorporated (NYSE:GXP) stock price target reduced to $29.00, issued a report today by Barclays Capital

In a report released on 09/29/2016 Barclays Capital reduced the stock price target of Great Plains Energy Incorporated (NYSE:GXP) from $31.00 to $29.00 indicating a possible upside of 0.04%.

Previously on 08/29/2016, Suntrust Robinson reported on Great Plains Energy Incorporated (NYSE:GXP) reduced the target price from $30.00 to $29.00. At the time, this indicated a possible upside of 0.06%.

Yesterday Great Plains Energy Incorporated (NYSE:GXP) traded 2.50% higher at $27.84. GXP’s 50-day average is $27.59 and its two hundred day average is $29.87. With the last stock price down -6.81% 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 up over the average, with 60,914,943 shares of GXP changing hands over the typical 2,521,960

Recent Performance Chart

Great Plains Energy Incorporated (NYSE:GXP)

Great Plains Energy Incorporated has PE ratio of 20.82 with a one year low of $25.44 and a one year high of $32.74 and has a total market value of $0.

A total of 7 analysts have released a research note on Great Plains Energy Incorporated. Two brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 10 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $31.00.

About 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).

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