Huaneng Power International Stock Rating Upgraded by Sanford C. Bernstein (HNP)
Huaneng Power International (NYSE:HNP) was upgraded by equities researchers at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on HNP. Analysts at TheStreet downgraded shares of Huaneng Power International (NYSE:HNP) from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, September 4th. Separately, analysts at Zacks upgraded shares of Huaneng Power International (NYSE:HNP) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 1st. They now have a $44.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Huaneng Power International (NYSE:HNP) from an “underweight” rating to a “neutral” rating in a research note to investors on Friday, July 12th.
One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $44.00.
Huaneng Power International (NYSE:HNP) opened at 39.89 on Thursday. Huaneng Power International has a 52 week low of $27.23 and a 52 week high of $49.59. The stock’s 50-day moving average is $40.46 and its 200-day moving average is $41.47. The company has a market cap of $14.017 billion and a P/E ratio of 9.78.
Huaneng Power International, Inc is principally engaged in investment, construction, operation and management of power plants.
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