Morgan Stanley has revised its price target for Entergy Corporation (ETR, Financial), elevating it from $78 to $82 while maintaining an Overweight rating on the company's shares. This adjustment is part of the firm's broader updates to price targets within the North American Regulated and Diversified Utilities and Independent Power Producers (IPPs) sector.
In recent analyses, utilities have demonstrated strong performance, surpassing the S&P 500 throughout March. As the first quarter progresses, it's anticipated to be a subdued period with little in the way of significant financial disclosures. Morgan Stanley suggests that tariff risk will likely become a critical area of attention for investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Entergy Corp (ETR, Financial) is $89.93 with a high estimate of $105.72 and a low estimate of $68.64. The average target implies an upside of 7.98% from the current price of $83.28. More detailed estimate data can be found on the Entergy Corp (ETR) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Entergy Corp's (ETR, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Entergy Corp (ETR, Financial) in one year is $54.91, suggesting a downside of 34.07% from the current price of $83.28. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Entergy Corp (ETR) Summary page.
