RBC Capital analyst Shelby Tucker maintained a Buy rating on Entergy Corp . on Wednesday, setting a price target of $114, which is approximately 21.73% above the present share price of $93.65.
Tucker expects Entergy Corp. to post earnings per share (EPS) of $2.60 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Entergy, with an average price target of $115.83.
The analysts price targets range from a high of $119 to a low of $111.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.9 billion and a net profit of $782.48 million. The company's market cap is $18.75 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 69.41% success rate.
Entergy Corp. is a holding company, which engages in electric power generation and distribution. It operates through the following segments: Utility, Entergy Wholesale Commodities, and All Other. The Utility segment includes the generation, transmission, distribution, and sale of electric power; and operations of a natural gas distribution business. The Entergy Wholesale Commodities segment owns, operates, and decommissions nuclear power plants; and sells electric power. The All Other segment comprises parent company, Entergy Corporation (NYSE:ETR), and Other business activity. The company was founded by Harvey Couch on November 13, 1913 and is headquartered in New Orleans, LA.