Talen Energy’s (TLNE) Buy Rating Reaffirmed at BWS Financial

BWS Financial restated their buy rating on shares of Talen Energy (OTCMKTS:TLNEFree Report) in a report published on Friday, Benzinga reports. BWS Financial currently has a $145.00 price target on the stock.

Talen Energy Stock Up 0.5 %

OTCMKTS:TLNE opened at $111.02 on Friday. Talen Energy has a 12 month low of $49.00 and a 12 month high of $125.79. The company has a quick ratio of 2.43, a current ratio of 4.56 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average price of $109.46 and a 200-day moving average price of $86.82.

Talen Energy (OTCMKTS:TLNEGet Free Report) last announced its earnings results on Monday, May 13th. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $1.05. The firm had revenue of $509.00 million during the quarter, compared to the consensus estimate of $597.00 million. On average, research analysts expect that Talen Energy will post 0.78 earnings per share for the current year.

About Talen Energy

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Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company operates nuclear, fossil, solar, and coal power plants. It is also developing battery storage projects.

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