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Westar Energy, Inc. (WR) [hlAlert]

Rating:
Neutral WR

Westar Energy, Inc. (WR) rated Neutral with price target $41 by UBS

Posted on: Monday,  Jan 25, 2016  2:25 PM ET by UBS

UBS rated Neutral Westar Energy, Inc. (NYSE: WR) on 01/25/2016. Previously UBS rated Buy Westar Energy, Inc. (NYSE: WR) on 11/21/2013.,
when the stock price was $32.19. Since then, Westar Energy, Inc. has gained 11.15% as of 10/20/2014's recent price of $35.78.
If you would have followed the previous UBS's recommendation on WR, you would have gained 11.15% of your investment in 333 days.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company is engaged in providing electric generation, transmission and distribution services to approximately 679,000 customers in Kansas. Westar Energy provides these services in central and north-eastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energy?s wholly owned subsidiary, provides these services in south-central and south-eastern Kansas, including the city of Wichita. KGE owns a 47% interest in the Wolf Creek Generating Station (Wolf Creek), a nuclear power plant located near Burlington, Kansas. Both Westar Energy and KGE conduct business using the name Westar Energy. During the year ended December 31, 2008, the Company completed the first phase of the Emporia Energy Center, a new natural gas-fired peaking power plant consisting of seven combustion turbines, comprising approximately 350 megawatt (MW) of capacity.

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
1/25/2016 2:25 PM Hold
None
41.11 41.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  11.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2015 4:25 PM Hold
None
39.00
10/20/2014 10:25 AM Hold
None
35.78 38.00
11/21/2013 2:25 PM Buy
None
32.19 35.00
3/5/2013 11:25 AM Hold
None
32.03 32.00
6/18/2008 8:25 AM Hold
None
23.24

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