Is Nrg Energy Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: NRG) stock is to Buy NRG stock.
Out of 3 analysts, 1 (33.33%) are recommending NRG as a Strong Buy, 0 (0%) are recommending NRG as a Buy, 2 (66.67%) are recommending NRG as a Hold, 0 (0%) are recommending NRG as a Sell, and 0 (0%) are recommending NRG as a Strong Sell.
What is NRG's forecast return on equity (ROE) for 2023-2025?
(NYSE: NRG) forecast ROE is 46.07%, which is considered strong.
What is NRG's Price Target?
According to 3 Wall Street analysts that have issued a 1 year NRG price target, the average NRG price target is $44.00, with the highest NRG stock price forecast at $46.00 and the lowest NRG stock price forecast at $40.00.
On average, Wall Street analysts predict that Nrg Energy's share price could reach $44.00 by Aug 9, 2024. The average Nrg Energy stock price prediction forecasts a potential upside of 17.11% from the current NRG share price of $37.57.
What is NRG's forecast return on assets (ROA) for 2023-2025?
(NYSE: NRG) forecast ROA is 5.3%, which is higher than the forecast US Utilities - Independent Power Producers industry average of 4.19%.
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