Shares of Talen Energy Corp. (NYSE:TLN) have been assigned an average recommendation of “Hold” from the eight analysts that are presently covering the stock. Seven investment analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $16.00.

A number of analysts have weighed in on TLN shares. Zacks Investment Research raised shares of Talen Energy Corp. from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Friday, July 8th. Barclays PLC downgraded shares of Talen Energy Corp. from an “overweight” rating to an “equal weight” rating and set a $14.00 price objective for the company. in a research report on Friday, June 17th. Evercore ISI downgraded shares of Talen Energy Corp. from a “buy” rating to a “hold” rating in a research report on Monday, June 6th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Talen Energy Corp. in a research report on Thursday, August 25th. Finally, SunTrust Banks Inc. downgraded shares of Talen Energy Corp. from a “buy” rating to a “neutral” rating in a research report on Monday, June 6th.

Several institutional investors have recently modified their holdings of TLN. LGL Partners LLC purchased a new position in shares of Talen Energy Corp. during the first quarter worth about $124,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of Talen Energy Corp. during the first quarter worth about $2,762,000. Wellington Management Group LLP purchased a new position in shares of Talen Energy Corp. during the first quarter worth about $315,000. Geode Capital Management LLC boosted its position in shares of Talen Energy Corp. by 3.0% in the first quarter. Geode Capital Management LLC now owns 526,877 shares of the company’s stock worth $4,741,000 after buying an additional 15,151 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of Talen Energy Corp. during the first quarter worth about $816,000. Institutional investors own 96.63% of the company’s stock.

Talen Energy Corp. (NYSE:TLN) opened at 13.86 on Thursday. Talen Energy Corp. has a one year low of $5.73 and a one year high of $14.03. The company’s 50-day moving average is $13.75 and its 200-day moving average is $12.29. The firm’s market capitalization is $1.78 billion.

Talen Energy Corp. (NYSE:TLN) last released its earnings results on Thursday, August 4th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.26. The business earned $697 million during the quarter, compared to the consensus estimate of $869.16 million. Talen Energy Corp. had a negative net margin of 7.14% and a positive return on equity of 2.23%. The business’s quarterly revenue was down 26.5% compared to the same quarter last year. Equities analysts forecast that Talen Energy Corp. will post $1.19 earnings per share for the current fiscal year.

Talen Energy Corp. Company Profile

Talen Energy Corporation, through its principal subsidiary, Talen Energy Supply, LLC, is an energy and power generation and marketing company. The Company operates through two segments: East and West. The East segment includes the generating, marketing and trading activities in PJM Interconnection, LLC.

5 Day Chart for NYSE:TLN

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