NRG Yield, Inc. Class C (NYSE:NYLD) had its price target cut by research analysts at Morgan Stanley from $21.00 to $18.00 in a report issued on Tuesday. The brokerage presently has an “overweight” rating on the utilities provider’s stock. Morgan Stanley’s price objective points to a potential upside of 9.62% from the company’s current price.
A number of other research firms have also issued reports on NYLD. BidaskClub upgraded shares of NRG Yield, Inc. Class C from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Zacks Investment Research lowered shares of NRG Yield, Inc. Class C from a “hold” rating to a “strong sell” rating in a report on Saturday, January 13th. Royal Bank of Canada reiterated a “hold” rating and set a $17.00 price objective on shares of NRG Yield, Inc. Class C in a report on Wednesday, November 15th. Guggenheim upgraded shares of NRG Yield, Inc. Class C from a “neutral” rating to a “buy” rating in a report on Tuesday, January 2nd. Finally, Bank of America initiated coverage on shares of NRG Yield, Inc. Class C in a report on Tuesday, October 24th. They set a “neutral” rating and a $18.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $19.29.
NRG Yield, Inc. Class C (NYSE:NYLD) opened at $16.42 on Tuesday. The stock has a market cap of $3,113.53, a PE ratio of 39.40, a price-to-earnings-growth ratio of 0.73 and a beta of 2.32. The company has a quick ratio of 0.98, a current ratio of 1.06 and a debt-to-equity ratio of 2.40. NRG Yield, Inc. Class C has a 1-year low of $16.15 and a 1-year high of $20.15.
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About NRG Yield, Inc. Class C
NRG Yield, Inc serves as the primary vehicle, through which NRG Energy, Inc owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. It owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the United States.
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