SunTrust Robinson Keeps Their Hold Rating on Great Plains Energy Inc

By Carrie Williams

SunTrust Robinson analyst Ali Agha reiterated a Hold rating on Great Plains Energy Inc (NYSE: GXP) yesterday and set a price target of $31. The company’s shares closed yesterday at $31.98.

According to TipRanks.com, Agha is a 4-star analyst with an average return of 7.6% and a 53.8% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Integrys Energy Group.

Great Plains Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $33.

Great Plains Energy Inc’s market cap is currently $6.9B and has a P/E ratio of 159.9. The company has a book value ratio of 1.3464.

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Great Plains Energy, Inc. is a holding company, which provides electricity. The company operates through its subsidiaries Kansas City Power & Light Co. and KCP&L Greater Missouri Operations Co., which provides electricity to customers primarily in the states of Missouri and Kansas. Great Plains Energy was founded in 2001 and is headquartered in Kansas, MO.