In a report released today, Sarah Akers from Wells Fargo maintained a Buy rating on Evergy (EVRG – Research Report), with a price target of $62.00. The company’s shares closed yesterday at $55.72.
According to TipRanks, Akers is a 4-star analyst with an average return of 7.5% and a 68.38% success rate. Akers covers the Utilities sector, focusing on stocks such as Dominion Energy, Black Hills, and Chesapeake Utilities.
Currently, the analyst consensus on Evergy is a Strong Buy with an average price target of $58.00, representing a 4.09% upside. In a report released on April 23, Barclays also maintained a Buy rating on the stock with a $56.00 price target.
EVRG market cap is currently $12.8B and has a P/E ratio of 18.03.
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Evergy (EVRG) Company Description:
Evergy, Inc. is a holding company, which engages in the provision of electricity through its subsidiaries. It focuses on the regulation of electric utilities and development of electric transmission projects. The company was founded in 2017 and is headquartered in Kansas City, MO.
