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Great Plains Energy Inc (GXP) [hlAlert]

Rating:
Neutral GXP

Great Plains Energy Inc (GXP) rated Neutral by Goldman

Posted on: Wednesday,  Apr 3, 2013  8:25 AM ET by Goldman

Great Plains Energy
Inc (NYSE: GXP) rated Neutral by Goldman.

Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company and does not own or operate any significant assets other than the stock of its subsidiaries. The Company is engaged in the business segment of electric utility. Great Plains Energy?s wholly owned direct subsidiaries with operations or active subsidiaries includes Kansas City Power and Light Company (KCP&L), KCP&L Greater Missouri Operations Company (GMO), Great Plains Energy Services Incorporated (Services) and KLT Inc. On June 2, 2008, the Company completed the selling of Strategic Energy, L.L.C. (Strategic Energy). The electric utility segment consists of KCP&L, a regulated utility, GMO?s regulated utility operations which include its Missouri Public Service and St. Joseph Light & Power divisions. Electric utility serves over 820,000 customers located in western Missouri and eastern Kansas.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/3/2013 8:25 AM Hold
None
22.94
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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