Zacks Investment Research upgraded Eversource Energy (NYSE:ES) to Hold in a report released today.
- Updated: March 20, 2017
Zacks Investment Research has upgraded Eversource Energy (NYSE:ES) to Hold in a report released on Monday March 20, 2017.
Yesterday Eversource Energy (NYSE:ES) traded -0.76% lower at $58.93. The company’s 50-day moving average is $57.07 and its 200-day moving average is $54.74. The last stock close price is up 6.83% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 485,733 shares of the stock were exchanged, down from an average trading volume of 1,379,370
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Eversource Energy has a price-earnings ratio of 19.76 with a one year low of $50.56 and a one year high of $60.44 ES’s total market value is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 15 brokers have issued a report on the stock. The consensus target price is $58.55 with 3 brokers rating the stock a strong buy, one analyst rating the company a buy, fourteen analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For Eversource Energy (NYSE:ES)
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company's electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, eastern Massachusetts, New Hampshire and western Massachusetts, and the regulated electric generation businesses. Its electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. Its electric distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric), Public Service Company of New Hampshire (PSNH) and Western Massachusetts Electric Company (WMECO).
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