Stock analysts at UBS Group began coverage on shares of Eversource Energy (NYSE:ES) in a research report issued on Friday, February 2nd, www.benzinga.com reports. The firm set a “neutral” rating and a $66.00 price target on the utilities provider’s stock. UBS Group’s target price points to a potential upside of 15.75% from the company’s previous close.
Several other analysts have also commented on ES. Morgan Stanley upgraded Eversource Energy from an “equal weight” rating to an “overweight” rating and set a $72.00 price objective for the company in a report on Wednesday, December 13th. Guggenheim reiterated a “buy” rating and set a $64.00 price objective on shares of Eversource Energy in a report on Friday, February 2nd. Bank of America assumed coverage on Eversource Energy in a report on Tuesday, October 24th. They set an “underperform” rating and a $62.00 price objective for the company. Zacks Investment Research upgraded Eversource Energy from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a report on Monday, January 8th. Finally, Williams Capital increased their price objective on Eversource Energy from $64.00 to $66.00 and gave the company a “buy” rating in a report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. Eversource Energy currently has an average rating of “Hold” and an average target price of $63.63.
Eversource Energy (NYSE:ES) traded up $0.91 during trading on Friday, reaching $57.02. The company’s stock had a trading volume of 2,744,763 shares, compared to its average volume of 3,060,000. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.80 and a current ratio of 0.92. The stock has a market capitalization of $18,070.00, a price-to-earnings ratio of 18.51, a P/E/G ratio of 2.86 and a beta of 0.27. Eversource Energy has a one year low of $55.20 and a one year high of $66.15.
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About Eversource Energy
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire and the regulated electric generation businesses.
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