Goldman Sachs Adds Great Plains Energy (GXP) to its Conviction Buy List
Get Alerts GXP Hot Sheet
Price: $31.99 --0%
Rating Summary:
7 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 14
Rating Summary:
7 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 14
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Goldman Sachs added Great Plains Energy (NYSE: GXP) to its Conviction Buy with a price target of $21.
The firm sees GXP as a 2013 story, after the next rate case. They said overhangs, including delays in coal shipments, should abate later the year, while above-average weather presents upside to 3Q2011 estimates and cash flows.
For more ratings news on Great Plains Energy click here and for the rating history of Great Plains Energy click here.
Shares of Great Plains Energy closed at $19.50 yesterday.
The firm sees GXP as a 2013 story, after the next rate case. They said overhangs, including delays in coal shipments, should abate later the year, while above-average weather presents upside to 3Q2011 estimates and cash flows.
For more ratings news on Great Plains Energy click here and for the rating history of Great Plains Energy click here.
Shares of Great Plains Energy closed at $19.50 yesterday.
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