Raymond James has initiated coverage on NRG Energy (NRG, Financial), assigning it a "Strong Buy" rating. The firm has set a price target of $195 for the stock. This move signifies confidence in NRG's potential, suggesting that investors may find value in adding it to their portfolios. The rating reflects a belief in the company's resilience and growth opportunities in the current market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for NRG Energy Inc (NRG, Financial) is $160.03 with a high estimate of $200.00 and a low estimate of $103.21. The average target implies an upside of 5.98% from the current price of $151.00. More detailed estimate data can be found on the NRG Energy Inc (NRG) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, NRG Energy Inc's (NRG, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NRG Energy Inc (NRG, Financial) in one year is $59.76, suggesting a downside of 60.42% from the current price of $151. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NRG Energy Inc (NRG) Summary page.
