Jefferies Sticks to Their Buy Rating for Evergy (EVRG)

Jefferies analyst Julien Dumoulin Smith maintained a Buy rating on Evergy today and set a price target of $87.00. The company’s shares closed yesterday at $77.83.

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Dumoulin Smith covers the Utilities sector, focusing on stocks such as Alliant Energy, Ameren, and American Electric Power. According to TipRanks, Dumoulin Smith has an average return of 6.4% and a 58.60% success rate on recommended stocks.

Currently, the analyst consensus on Evergy is a Strong Buy with an average price target of $79.14, which is a 1.68% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $80.00 price target.

EVRG market cap is currently $17.88B and has a P/E ratio of 21.38.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EVRG in relation to earlier this year. Last month, Lesley Lissette Elwell, the SVP & CHIEF PEOPLE OFFICER of EVRG sold 8,000.00 shares for a total of $578,640.00.