How Citigroup Currently Rates NRG Yield Inc (NYSE:NYLD)
In an analyst research report finalized on Tuesday morning, research analysts at Citigroup initiated coverage on NRG Yield Inc (NYSE:NYLD) shares. The financial firm issued a key Buy rating for NYLD stock.
From a total of 13 analysts covering NRG Yield (NYSE:NYLD) stock, 10 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 71% of the ratings are positive. The highest target price is $32 while the lowest target price is $16. The mean of all analyst targets is $21 with a 42.86% above today’s ($14.35) stock price. NRG Yield was the topic of 5 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets downgraded shares on October 21 to “Sector Perform” rating. RBC Capital Markets maintained shares with “Outperform” rating and $22 target share price in a report from an August 10. Deutsche Bank maintained NYLD stock in a recent report from September 21 with “Buy” rating.
Approximately 229,367 shares of stock traded hands. NRG Yield, Inc. Class C (NYSE:NYLD) has risen 6.00% since November 1, 2015 and is uptrending. It has outperformed by 7.62% the S&P500.
According to Zacks Investment Research, “NRG Yield, Inc. acquires, owns and operates contracted renewable and conventional generation as well as thermal infrastructure assets primarily in the United States through its subsidiaries. NRG Yield, Inc. is based in Princeton, New Jersey.” Get a free copy of the Zacks research report on NRG Yield, Inc. Class C (NYLD)