Shares of Talen Energy Corporation (NASDAQ:TLN – Get Free Report) have been assigned a consensus recommendation of “Buy” from the twelve analysts that are covering the company, Marketbeat Ratings reports. Twelve research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $241.36.
Several research firms recently weighed in on TLN. Barclays decreased their price objective on shares of Talen Energy from $293.00 to $282.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 4th. Oppenheimer increased their price target on shares of Talen Energy from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Evercore ISI started coverage on shares of Talen Energy in a research report on Friday, February 21st. They set an “outperform” rating on the stock. Daiwa Capital Markets set a $200.00 price target on shares of Talen Energy in a research report on Wednesday, March 5th. Finally, UBS Group increased their price target on shares of Talen Energy from $242.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, January 3rd.
Read Our Latest Stock Report on TLN
Institutional Trading of Talen Energy
Talen Energy Stock Up 5.0 %
TLN stock opened at $204.93 on Monday. The company has a current ratio of 4.10, a quick ratio of 3.37 and a debt-to-equity ratio of 1.07. The company’s 50 day moving average is $219.80 and its 200 day moving average is $185.40. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 10.97, a price-to-earnings-growth ratio of 2.70 and a beta of 2.00. Talen Energy has a 1-year low of $98.50 and a 1-year high of $258.03.
About Talen Energy
Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.
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