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Eversource Energy 15.4% Potential Upside Indicated by Argus

Eversource Energy using SYMBOL code NYSE:ES had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘BUY’ today by analysts at Argus. Eversource Energy are listed in the Public Utilities sector within NYSE. Argus have set a target price of 56 USD on its stock. This would indicate that the analyst believes there is a potential upside of 15.4% from today’s opening price of 48.51 USD. Eversource Energy NYSE:ES has a 50 day moving average of 50.37 USD and the 200 Day Moving Average price is recorded at 50.06 USD. The 52 week high share price is 56.83 USD while the 52 week low is 41.92 USD.

 

Eversource Energy NYSE:ES d/b/a Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from the Company’s natural gas distribution companies.

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