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Stock analysts at ISI Group hoisted their price objective on shares of NRG Energy (NYSE:NRG) from $36.00 to $40.00 in a report issued on Monday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. ISI Group’s target price indicates a potential upside of 18.41% from the stock’s previous close.

A number of other firms have also recently commented on NRG. Analysts at Ladenburg Thalmann raised their price target on shares of NRG Energy from $33.00 to $39.00 in a research note on Friday, May 9th. Separately, analysts at Jefferies Group raised their price target on shares of NRG Energy from $36.00 to $39.00 in a research note on Wednesday, May 7th. Finally, analysts at Zacks upgraded shares of NRG Energy from a “sell” rating to a “buy” rating in a research note on Friday, April 11th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. NRG Energy presently has an average rating of “Buy” and a consensus price target of $36.00.

Shares of NRG Energy (NYSE:NRG) opened at 33.78 on Monday. NRG Energy has a 52 week low of $24.86 and a 52 week high of $35.15. The stock’s 50-day moving average is $32.92 and its 200-day moving average is $29.46. The company’s market cap is $11.392 billion.

NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.13) by $0.05. The company had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the company posted ($1.02) earnings per share. The company’s quarterly revenue was up 67.5% on a year-over-year basis. On average, analysts predict that NRG Energy will post $2.04 earnings per share for the current fiscal year.

NRG Energy, Inc (NYSE:NRG) is an integrated wholesale power generation and retail electricity company in the United States.

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