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GXP

Great Plains Energy

$31.42

-0.16 (-0.51%)

17:08
08/09/17
08/09
17:08
08/09/17
17:08

Great Plains Energy reports Q2 adjusted EPS 43c, consensus 47c

"Our financial performance for the second quarter was in line with our expectations, as solid operational performance helped overcome the impacts of milder weather," said Terry Bassham, chairman and chief executive officer of Great Plains Energy. Bassham continued, "Our recently announced merger of equals with Westar Energy provides a compelling opportunity to deliver value for our shareholders and best in class service for our customers. Together, we will create a leading Midwest energy company where the many strategic benefits of our combination will create a stronger company for our customers and communities and position us to generate more value for shareholders than we could alone. We continue to work toward completing the transaction and remain confident in a timely closing in the first half of 2018."

  • 10

    Aug

GXP Great Plains Energy
$31.42

-0.16 (-0.51%)

07/11/17
EVER
07/11/17
UPGRADE
Target $53
EVER
Outperform
Westar Energy upgraded to Outperform from In Line at Evercore ISI
Evercore ISI analyst Greg Gordon upgraded Westar Energy (WR) to Outperform with a $53 price target citing the merger with Great Plains Energy (GXP).
07/11/17
JPMS
07/11/17
UPGRADE
Target $32
JPMS
Overweight
Great Plains Energy upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Christopher Turnure upgraded Great Plains Energy (GXP) to Overweight saying the revised merger agreement with Westar Energy (WR) brings a re-risked profile and achievable growth. The analyst raised his price target for the shares to $32 from $31. Turnure this morning also upgraded Westar to Overweight.
07/11/17
JPMS
07/11/17
UPGRADE
Target $53
JPMS
Overweight
Westar Energy upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Christopher Turnure upgraded Westar Energy (WR) to Overweight saying the revised merger agreement with Great Plains Energy (GXP) brings a re-risked profile and achievable growth. The analyst raised his price target for the shares to $53.
05/23/17
ARGS
05/23/17
NO CHANGE
ARGS
Great Plains Energy has reached good entry point, says Argus
Argus analyst Gary Hovis says that Great Plains' stock has reached "a favorable entry point." The analyst says that the company should benefit from an improving economy in its service areas, its cost management efforts, "constructive rate regulation and a gradual improvement in the allowed return on equity." He keeps a $36 price target on the stock.

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