NYSE:ESElectric Utilities
Eversource Energy (ES) Could Be 27% Undervalued On FERC Order And Argus Downgrade
Argus recently downgraded Eversource Energy (ES) after a Federal Energy Regulatory Commission order reduced the utility's allowed return on electric transmission. This regulatory shift prompted revised earnings guidance and fresh questions about the stock's risk profile.
See our latest analysis for Eversource Energy.
Since the downgrade, Eversource Energy's share price has held around $71.71, with a 90 day share price return of 5.52%. Its 1 year total shareholder return of 20.06% suggests...