ETR - Entergy Corporation Looks to Continue to Trade Above its Annual-High Share Price Today
Entergy Corporation (NYSE:ETR) traded today at a new 52-week high of $114.88. This new high was reached on below average trading volume as 104,000 shares traded hands, while the average 30-day volume is approximately 1 million shares.
Entergy Corporation (NYSE:ETR) has potential upside of 12.9% based on a current price of $114.11 and analysts' consensus price target of $128.84.
Over the past year, Entergy Corporation has traded in a range of $85.78 to $114.88 and is now at $114.11, 33% above that low.
Entergy is an integrated utility with approximately 22 gigawatts of regulated utility-owned power generation capacity. It has shrunk its merchant generation business and plans to retire its remaining operating merchant nuclear unit in Michigan in 2022. Its five regulated integrated utilities generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas.
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