Entergy Corporation (NYSE:ETR) has coverage initiated with a Sector Perform rating and $84.00 price target

ME Staff
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Analyst Ratings For Entergy Corporation (NYSE:ETR)

Today, Howard Weil initiated coverage on Entergy Corporation (NYSE:ETR) with a Sector Perform with a price target of $84.00.

There are 7 Buy Ratings, 6 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Entergy Corporation (NYSE:ETR) is Buy with a consensus target price of $86.0455 per share, a potential 8.36% upside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Sector Perform rating.
  • 7/19/2018-Goldman Sachs Group Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 4/26/2018-Wolfe Research Upgrade from a “Underperform ” rating to a ” Market Perform” rating.
  • 4/19/2018-Mizuho Reiterated Rating of Buy.

Recent Insider Trading Activity For Entergy Corporation (NYSE:ETR)
Entergy Corporation (NYSE:ETR) has insider ownership of 0.25% and institutional ownership of 85.35%.

  • On 5/23/2018 Haley Fisackerly, Insider, sold 500 with an average share price of $78.07 per share and the total transaction amounting to $39,035.00.
  • On 4/27/2018 Phillip R. May, Jr., Insider, sold 7,700 with an average share price of $82.00 per share and the total transaction amounting to $631,400.00.
  • On 3/5/2018 Alyson M. Mount, SVP, sold 10,396 with an average share price of $78.50 per share and the total transaction amounting to $816,086.00.
  • On 3/5/2018 Haley Fisackerly, Insider, sold 500 with an average share price of $78.02 per share and the total transaction amounting to $39,010.00.
  • On 11/13/2017 Marcus V Brown, EVP, sold 3,000 with an average share price of $86.42 per share and the total transaction amounting to $259,260.00.
  • On 11/10/2017 Donald W Vinci, EVP, sold 3,000 with an average share price of $85.25 per share and the total transaction amounting to $255,750.00.
  • On 11/9/2017 Charles L. Rice, Jr., Insider, sold 9,234 with an average share price of $86.24 per share and the total transaction amounting to $796,340.16.

About Entergy Corporation (NYSE:ETR)
Entergy Corporation, together with its subsidiaries, engages in the production and distribution of electricity in the United States. It generates electricity through gas/oil, nuclear, coal, hydro, and solar power sources. The company's Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and distributes natural gas. Its Entergy Wholesale Commodities segment engages in the ownership, operation, and decommissioning of nuclear power plants located in the northern United States; sale of electric power to wholesale customers; provision of services to other nuclear power plant owners; and owning interests in non-nuclear power plants that sell electric power to wholesale customers. This segment sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 30,000 megawatts (MW) of electric generating capacity, including approximately 9,000 MW of nuclear power. The company delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1949 and is based in New Orleans, Louisiana.

Recent Trading Activity for Entergy Corporation (NYSE:ETR)
Shares of Entergy Corporation closed the previous trading session at 79,41 −1,10 1,37 % with 79.16 shares trading hands.