Stock Review for Utilities Investors -- Public Service Enterprise, Avista, Cosan, and Eversource Energy
Stock Review for Utilities Investors -- Public Service Enterprise, Avista, Cosan, and Eversource Energy
NEW YORK, March 20, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PEG, AVA, CZZ, and ES which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com has initiated researchcoverage on Public Service Enterprise Group Inc. (NYSE: PEG), Avista Corp. (NYSE: AVA), Cosan Ltd (NYSE: CZZ), and Eversource Energy (NYSE: ES). These stocks operate in the Utilities sector, which includes companies such as electric, gas, and water firms, and the Diversified Utilities sector includes companies that distribute multiple resources. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Public Service Enterprise Group
On Monday, shares in Newark, New Jersey headquartered Public Service Enterprise Group Inc. recorded a trading volume of 2.75 million shares. The stock ended the day at $49.30, rising slightly by 0.02% from the last trading session. The Company's shares have advanced 1.42% in the past month and 10.22% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.52% and 3.21%, respectively. Furthermore, shares of the Company, which through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic US, have a Relative Strength Index (RSI) of 56.37.
On February 28(th), 2018, Public Service Enterprise Group (PEG) announced the Company's new climate goal, which is to eliminate 13 million tons of CO(2)-equivalent emissions by 2030, in conjunction with the release of its 2017 Sustainability Report. The report provides an in-depth look at how PEG's investments in solar energy, energy efficiency, and infrastructure projects are improving the reliability and resiliency of its electric and gas systems. Get the full research report on PEG for free by clicking below at: www.wallstequities.com/registration/?symbol=PEG
Avista
Spokane, Washington headquartered Avista Corp.'s stock climbed slightly by 0.63%, finishing yesterday's session at $51.49 with a total trading volume of 340,756 shares. The Company's shares have gained 2.39% in the last month, 0.14% over the previous three months, and 30.39% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.48% and 3.10%, respectively. Additionally, shares of Avista, which operates as an electric and natural gas utility company, have an RSI of 63.46.
On February 22(nd), 2018, research firm Williams Capital Group reiterated its 'Sell' rating on the Company's stock with a decrease of the target price from $42 a share to $40 a share.
On March 16(th), 2018, Avista and Hydro One Limited have reached a significant milestone in the regulatory approval process of the proposed merger. Notification of a settlement in principle with various parties has been filed with the Washington Utilities and Transportation Commission ("WUTC"). The parties intend to file a settlement agreement with the WUTC on or before March 27(th), 2018. Get access to our top-rated research, including the free report on AVA at: www.wallstequities.com/registration/?symbol=AVA
Cosan
Shares in Sao Paulo, Brazil-based Cosan Ltd ended the session 0.09% lower at $10.89. The stock recorded a trading volume of 857,480 shares. The Company's shares have gained 15.12% over the previous three months and 29.33% over the past year. The stock is trading 24.27% above its 200-day moving average. Moreover, shares of Cosan, which together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally, have an RSI of 44.18.
On February 20(th), 2018, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Click here to subscribe for a free membership which welcomes you with our report on CZZ at: www.wallstequities.com/registration/?symbol=CZZ
Eversource Energy
At the closing bell on Monday, Springfield, Massachusetts-based Eversource Energy's stock declined slightly by 0.38%, finishing at $58.04. A total volume of 2.16 million shares was traded. The Company's shares are trading 2.04% below their 50-day moving average. Additionally, shares of Eversource Energy, which engages in the energy delivery business, have an RSI of 51.13.
On February 22(nd), 2018, Eversource Energy reported its fourth-quarter and full-year 2017 results. For Q4 2017, net income attributable to common shareholders was $237.4 million, operating revenues were $1.9 billion, and total operating expenses were $1.4 billion. For the full year, net income attributable to common shareholders was $988.0 million, operating revenues were $7.8 billion, and total operating expenses were $5.8 billion.
On March 08(th), 2018, research firm Evercore ISI initiated an 'Outperform' rating on the Company's stock, with a target price of $62 per share. To get free access to your research report on ES, sign up at: www.wallstequities.com/registration/?symbol=ES
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Tom Johnson, anewmedias@gmail.com
View original content:http://www.prnewswire.com/news-releases/stock-review-for-utilities-investors----public-service-enterprise-avista-cosan-and-eversource-energy-300616485.html
SOURCE Wall St. Equities
