Nextera Energy Partners Upgraded by ISI Group to “Buy” (NEP)
A number of other firms have also recently commented on NEP. Analysts at Wells Fargo & Co. initiated coverage on shares of Nextera Energy Partners in a research note on Wednesday, July 30th. They set a “market perform” rating and a $34.98 price target on the stock. Separately, analysts at Barclays initiated coverage on shares of Nextera Energy Partners in a research note on Monday, July 28th. They set an “overweight” rating and a $40.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of Nextera Energy Partners in a research note on Tuesday, July 22nd. They set a “buy” rating and a $44.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $37.50.
Nextera Energy Partners (NYSE:NEP) traded up 1.24% during mid-day trading on Thursday, hitting $32.67. 525,311 shares of the company’s stock traded hands. Nextera Energy Partners has a 52-week low of $31.32 and a 52-week high of $36.90. The stock has a 50-day moving average of $34.40 and a 200-day moving average of $34.40. The company has a market cap of $610.5 million and a P/E ratio of 19.46.
Nextera Energy Partners, LP owns, operates and acquires contracted clean energy projects with stable, long-term cash flows through its limited partner interest in NEE Operating LP.
Receive News & Ratings for Nextera Energy Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nextera Energy Partners LP and related companies with Analyst Ratings Network's FREE daily email newsletter.