Wall Street is positive on NRG Energy Inc (NRG). On average, analysts give NRG Energy Inc a Strong Buy rating. The average price target is $44.928, which means analysts expect the stock to rise by 43.49% over the next twelve months.
That average ranking earns NRG Energy Inc an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With NRG Energy Inc Stock Today?
NRG Energy Inc (NRG) stock is higher by 0.8% while the S&P 500 is flat 0% as of 3:09 PM on Monday, Oct 5. NRG has risen $0.25 from the previous closing price of $31.06 on volume of 718,077 shares. Over the past year the S&P 500 is up 13.94% while NRG is lower by -19.55%. NRG earned $16.64 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.88.