Impact of Brokerage Rating on Eversource Energy(ES)

Many Eversource Energy(ES) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Eversource Energy was Initiated by Credit Suisse to Neutral on Jan 25, 2017. Eversource Energy was Upgraded by Deutsche Bank to Buy on Dec 20, 2016.

Company has reported several Insider transactions to the SEC, on Sep 9, 2016, Gregory B Butler (Executive VP & General Counsel) sold 10,000 shares at 54.77 per share price.On Aug 15, 2016, Jay S. Buth (VP, Controller, Chief Acct Off) sold 296 shares at 57.15 per share price.On Mar 10, 2016, Werner J Schweiger (Executive VP and COO) sold 10,000 shares at 57.00 per share price.

Eversource Energy Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.81. The company had revenue of $2039.71 million for the quarter, compared to analysts expectations of $2041.36 million. The companys revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.

Eversource Energy (NYSE:ES) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.

Eversource Energy (NYSE:ES) stock has received a short term price target of $ 60.71 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.09. The higher estimate of target price is $67 , while the lower price target estimate is $58

Eversource Energy (NYSE:ES) witnessed a decline in the market cap on Tuesday as its shares dropped 0.96% or 0.54 points. After the session commenced at $56.34, the stock reached the higher end at $56.44 while it hit a low of $55.655. With the volume soaring to 1,048,944 shares, the last trade was called at $55.95. The company has a 52-week high of $60.44. The company has a market cap of $17,730 million and there are 316,885,810 shares in outstanding. The 52-week low of the share price is $50.56.

Eversource Energy is engaged in transmission and distribution of electricity and natural gas. The company operates primarily in Connecticut, Massachusetts and New Hampshire. Eversource Energy, formerly known as Northeast Utilities, is based in Springfield, Massachusetts.


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