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Westar Energy Inc (NYSE:WR) has been downgraded to Hold in a report by Zacks Investment Research today.

Displaying a price of $52.97, Westar Energy Inc (NYSE:WR) traded -0.20% lower on the day. The last close is up -3.72% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the date range. Westar Energy Inc has recorded a 50-day average of $51.29 and a two hundred day moving average of $52.96. 470,586 shares of the stock were exchanged, down from an avg. volume of 807,278

Zacks Investment Research has downgraded Westar Energy Inc (NYSE:WR) to Hold in a report released on 07/07/2017.

Previously on 6/28/2017, Zacks Investment Research reported about Westar Energy Inc (NYSE:WR) raised the target price from $0.00 to $60.00 that suggested an upside of 0.13%.

Performance Chart

Westar Energy Inc (NYSE:WR)

With a total market value of $0, Westar Energy Inc has price-earnings ratio of 21.42 with a one year low of $49.21 and a one year high of $57.50 .

A total of 8 firms have issued a research note on the company. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, eight analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the stock a sell with a average stock price target of $55.41.

Brief Synopsis On Westar Energy Inc (NYSE:WR)

Westar Energy, Inc. is an electric utility. The Company provides electric generation, transmission and distribution services. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Its subsidiary, Kansas Gas and Electric Company (KGE), provides these services in south-central and southeastern Kansas, including the city of Wichita. Both the Company and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas, and has contracts for the sale or purchase of wholesale electricity with other utilities. As of December 31, 2016, it had 6,292 megawatts (MW) of generating capacity in service.

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