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Analysts Conflicted on These Utilities Names: Entergy (ETR), Southwest Gas (SWX) and ENGIE SA (OtherENGIY)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Entergy (ETRResearch Report), Southwest Gas (SWXResearch Report) and ENGIE SA (ENGIYResearch Report).

Entergy (ETR)

J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on Entergy yesterday and set a price target of $140.00. The company’s shares closed last Tuesday at $118.35.

According to TipRanks.com, Tonet is a 4-star analyst with an average return of 5.7% and a 56.5% success rate. Tonet covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Plains All American.

Entergy has an analyst consensus of Moderate Buy, with a price target consensus of $118.63.

See the top stocks recommended by analysts >>

Southwest Gas (SWX)

In a report issued on December 12, Richard Sunderland from J.P. Morgan maintained a Hold rating on Southwest Gas, with a price target of $78.00. The company’s shares closed last Tuesday at $71.00.

According to TipRanks.com, Sunderland is a 3-star analyst with an average return of 4.8% and a 58.2% success rate. Sunderland covers the Utilities sector, focusing on stocks such as American Water, Avangrid, and Nisource.

The word on The Street in general, suggests a Hold analyst consensus rating for Southwest Gas with a $52.03 average price target, a -28.2% downside from current levels. In a report issued on November 30, Bank of America Securities also downgraded the stock to Hold with a $65.00 price target.

ENGIE SA (ENGIY)

In a report released yesterday, Vincent Ayral from J.P. Morgan maintained a Buy rating on ENGIE SA, with a price target of EUR23.00. The company’s shares closed last Tuesday at $15.20.

Ayral has an average return of 17.5% when recommending ENGIE SA.

According to TipRanks.com, Ayral is ranked #3321 out of 8178 analysts.

Currently, the analyst consensus on ENGIE SA is a Moderate Buy with an average price target of $24.46.

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