RBC Capital Sticks to Its Hold Rating for NRG Yield Inc

By Austin Angelo

RBC Capital analyst Shelby Tucker reiterated a Hold rating on NRG Yield Inc (NYSE: NYLD) on November 12 and set a price target of $17. The company’s shares closed yesterday at $19.95, close to its 52-week high of $20.15.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 7.6% and a 75.0% success rate. Tucker covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Chesapeake Utilities Corp, and Public Service Enterprise.

Currently, the analyst consensus on NRG Yield Inc is Hold and the average price target is $18, representing a -9.8% downside.

In a report issued on November 2, Oppenheimer also assigned a Hold rating to the stock.

NRG Yield Inc’s market cap is currently $1.98B and has a P/E ratio of 66.90. The company has a book value ratio of 1.0640.

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NRG Yield, Inc. operates as a dividend growth-oriented company. It owns a portfolio of contracted renewable and conventional generation and thermal infrastructure assets.