Zacks Investment Research upgraded Huaneng Power International Inc (ADR) (NYSE:HNP) to Hold in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has upgraded Huaneng Power International Inc (ADR) (NYSE:HNP) to Hold in a report released on 10/05/2016.
Just yesterday Huaneng Power International Inc (ADR) (NYSE:HNP) traded 0.04% higher at $24.97. Huaneng Power International Inc (ADR)’s 50-day moving average is $25.13 and its 200-day moving average is $27.24. The last stock price is down -7.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 92,593 shares of HNP traded hands, down from an average trading volume of 96,294
Recent Performance Chart
Huaneng Power International Inc (ADR) has 52 week low of $22.84 and a 52 week high of $50.36 with a PE ratio of 5.75 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 2 brokerages have issued a research note on the company. The average stock price target is $40.25 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 2 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 Huaneng Power International Inc (ADR) (NYSE:HNP)
Huaneng Power International, Inc. (Huaneng Power) is an independent power producer. The Company and its subsidiaries are engaged in the generation and sale of electric power to the respective regional or provincial grid companies in the People's Republic of China (PRC) and in the Republic of Singapore (Singapore). The Company is engaged in developing, constructing, operating and managing power plants across China. The Company's segments include PRC power segment, Singapore segment and all other segments (mainly including port and transportation operations). The Company has a controlling generating capacity of approximately 82,380 megawatts and a total generating capacity of over 74,830 megawatts on an equity basis. The Company's power generation operations have coverage in the Northeast China Grid, the Northern China Grid, the Northwest China Grid, the Eastern China Grid, the Central China Grid, the Southern China Grid and the overseas market in Singapore.
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