Huaneng Power International Inc (HNP) Receives Consensus Recommendation of “Hold” from Brokerages
Huaneng Power International Inc (NYSE:HNP) has been given an average recommendation of “Hold” by the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $30.00.
A number of analysts have recently weighed in on HNP shares. Zacks Investment Research raised shares of Huaneng Power International from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Friday, October 27th. ValuEngine raised shares of Huaneng Power International from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. CLSA raised shares of Huaneng Power International from a “sell” rating to an “outperform” rating in a research report on Monday, November 6th. J P Morgan Chase & Co reissued an “overweight” rating on shares of Huaneng Power International in a research report on Tuesday, November 7th. Finally, Daiwa Capital Markets downgraded shares of Huaneng Power International from a “hold” rating to a “sell” rating in a research report on Monday, November 27th.
Shares of Huaneng Power International (HNP) traded up $0.02 during trading hours on Thursday, reaching $24.81. 53,000 shares of the company’s stock traded hands, compared to its average volume of 72,615. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.33 and a quick ratio of 0.29. Huaneng Power International has a one year low of $24.40 and a one year high of $31.85. The firm has a market capitalization of $9,420.45, a P/E ratio of 35.93, a price-to-earnings-growth ratio of 2.18 and a beta of 0.78.
TRADEMARK VIOLATION NOTICE: This piece was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of U.S. and international copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/12/14/huaneng-power-international-inc-hnp-receives-consensus-recommendation-of-hold-from-brokerages.html.
About Huaneng Power International
Receive News & Ratings for Huaneng Power International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huaneng Power International and related companies with MarketBeat.com's FREE daily email newsletter.