Great Plains Energy Sets New 52-Week High at $25.51 (GXP)
Great Plains Energy (NYSE:GXP) reached a new 52-week high during mid-day trading on Thursday , Analyst Ratings Network reports. The stock traded as high as $25.51 and last traded at $25.49, with a volume of 803,056 shares trading hands. The stock had previously closed at $24.98.
Several analysts have recently commented on the stock. Analysts at Bank of America upgraded shares of Great Plains Energy from an “underperform” rating to a “buy” rating in a research note on Tuesday, November 19th. They now have a $27.00 price target on the stock, up previously from $23.00. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Great Plains Energy in a research note on Monday, November 18th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $25.40.
The stock has a 50-day moving average of $24.36 and a 200-day moving average of $23.48. The company has a market cap of $3.926 billion and a price-to-earnings ratio of 16.25.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 20th. Shareholders of record on Thursday, February 27th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Tuesday, February 25th.
Great Plains Energy Incorporated (NYSE:GXP) is a public utility holding company.
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