J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Eversource Energy (NYSE:ES) on Monday, setting a price target of $92, which is approximately 7.89% above the present share price of $85.27.
Tonet expects Eversource Energy to post earnings per share (EPS) of $0.82 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Eversource Energy, with an average price target of $90.
The analysts price targets range from a high of $95 to a low of $85.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.43 billion and a net profit of $483.33 million. The company's market cap is $29.32 billion.
According to TipRanks.com, J.P. Morgan analyst Jeremy Tonet is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 55.87% success rate.
Massachusetts-based Eversource Energy is an electric services company. The company is engaged in the transmission and distribution of electricity, as well as the distribution of natural gas. It also operates regulated water utilities. It operates in four segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution.