Huaneng Power International Inc (NYSE:HNP) has earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $30.00.

Several research firms recently weighed in on HNP. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Huaneng Power International in a report on Tuesday, November 7th. Daiwa Capital Markets downgraded shares of Huaneng Power International from a “hold” rating to a “sell” rating in a report on Monday, November 27th. Zacks Investment Research raised shares of Huaneng Power International from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Friday, October 27th. CLSA raised shares of Huaneng Power International from a “sell” rating to an “outperform” rating in a report on Monday, November 6th. Finally, ValuEngine downgraded shares of Huaneng Power International from a “buy” rating to a “hold” rating in a report on Thursday, September 21st.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in Huaneng Power International in the 3rd quarter valued at about $2,799,000. First Allied Advisory Services Inc. acquired a new stake in Huaneng Power International in the 3rd quarter valued at about $558,000. Wells Fargo & Company MN lifted its holdings in Huaneng Power International by 92.5% in the 3rd quarter. Wells Fargo & Company MN now owns 29,438 shares of the utilities provider’s stock valued at $719,000 after acquiring an additional 14,149 shares during the last quarter. FDx Advisors Inc. acquired a new stake in Huaneng Power International in the 3rd quarter valued at about $224,000. Finally, Alps Advisors Inc. lifted its holdings in Huaneng Power International by 20.5% in the 3rd quarter. Alps Advisors Inc. now owns 36,389 shares of the utilities provider’s stock valued at $889,000 after acquiring an additional 6,200 shares during the last quarter. 0.55% of the stock is owned by institutional investors.

Huaneng Power International (NYSE:HNP) traded up $0.11 during mid-day trading on Thursday, reaching $25.16. 131,788 shares of the company traded hands, compared to its average volume of 57,420. The firm has a market capitalization of $9,561.05, a P/E ratio of 36.46, a P/E/G ratio of 2.21 and a beta of 0.78. Huaneng Power International has a 1-year low of $24.40 and a 1-year high of $31.85. The company has a quick ratio of 0.29, a current ratio of 0.33 and a debt-to-equity ratio of 1.29.

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Huaneng Power International Company Profile

Analyst Recommendations for Huaneng Power International (NYSE:HNP)

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