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Huaneng Power International (NYSE:HNP) shares reached a new 52-week high during mid-day trading on Monday , StockRatingsNetwork reports. The stock traded as high as $45.25 and last traded at $45.19, with a volume of 23,021 shares. The stock had previously closed at $44.06.

Separately, analysts at Zacks upgraded shares of Huaneng Power International from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 27th. They now have a $46.00 price target on the stock. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $46.00.

The stock has a 50-day moving average of $42.18 and a 200-day moving average of $38.6. The company has a market cap of $16.020 billion and a P/E ratio of 8.28.

Huaneng Power International, Inc is principally engaged in investment, construction, operation and management of power plants.

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