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Great Plains Energy Inc (GXP) [hlAlert]

Rating:
Buy GXP
up 7.89 %

Great Plains Energy Inc (GXP) upgraded to Buy by BofA/Merrill

Posted on: Tuesday,  Nov 19, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Great Plains Energy Inc (NYSE: GXP) on 11/19/2013, when the stock price was $24.70. Since then, Great Plains
Energy Inc has gained 7.89% of its value until BofA/Merrill rated GXP Neutral on 01/12/2016, when the price was $26.65.
If you would have followed this BofA/Merrill's recommendation on GXP, you would have gained 7.89% of your investment in 784 days.

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.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2016 10:25 AM Hold
None
26.65
as of 12/13/2013
1 Week down  -1.03 %
1 Month down  -2.91 %
3 Months down  -2.91 %
1 YTD down  -2.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2013 8:25 AM Buy
None
24.70
7/18/2012 8:25 AM Hold
None
22.29

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