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Genon Energy Inc (GEN) [hlAlert]

Rating:
Neutral GEN

Genon Energy Inc (GEN) rated Neutral with price target $5.50 by UBS

Posted on: Monday,  Nov 9, 2015  12:25 PM ET by UBS

UBS rated Neutral Genon Energy Inc (NYSE: GEN) on 11/09/2015. Previously UBS rated Buy Genon Energy Inc (NYSE: GEN) on 12/19/2007.,
when the stock price was $25.41. Since then, Genon Energy Inc has lost 85.08% as of 10/09/2008's recent price of $3.79.
If you would have followed the previous UBS's recommendation on GEN, you would have lost 85.08% of your investment in 295 days.

RRI Energy, Inc. (RRI), formerly Reliant Energy, Inc., provides electricity to wholesale customers in the United States. The Company is an independent power producer, with more than 14,000 megawatts of power generation capacity across the United States. The Company?s commercial operations sells electricity, generation capacity and ancillary service products to a variety of power customers, including independent power producers; power grids/ independent system operators (ISOs); investor-owned utilities; municipalities; cooperatives; banks and trading companies, and other companies that serve end users. These products are sold in bilateral and ISO hour-ahead and day-ahead markets and forward bilateral markets. In May 2009, Reliant Energy, Inc. completed the sale of its Texas retail business to NRG Energy, Inc. In conjunction with the transaction's close, Reliant Energy, Inc. changed its name to RRI Energy, Inc.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/9/2015 12:25 PM Hold
None
4.64 5.50
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/13/2012 2:25 PM Hold
None
1.38 1.50
5/25/2010 10:25 AM Hold
None
3.91
10/9/2008 8:25 AM Hold
None
3.79
12/19/2007 8:25 AM Buy
None
25.41 32.00

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