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Great Plains Energy Inc (GXP) [hlAlert]

Rating:
Buy GXP
up 93.06 %

Great Plains Energy Inc (GXP) rated Buy with price target $18 by Jesup & Lamont

Posted on: Thursday,  Mar 19, 2009  8:25 AM ET by Jesup & Lamont

Jesup & Lamont rated Buy Great Plains Energy Inc (NYSE: GXP) on 03/19/2009, when the stock price was $13.13.
Since then, Great Plains Energy Inc has gained 93.07% as of 01/12/2016's recent price of $25.35.
If you would have followed this Jesup & Lamont's recommendation on GXP, you would have gained 93.06% of your investment in 2490 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.

Jesup & Lamont's research analysts provide world class research analysis to our clients. Our goal is to deliver fresh ideas within the right sectors, at the right time. In addition to fundamental analysis of companies and sectors, we employ strategists, and technical analysts with comprehensive research insights. As much as we put an emphasis on having the best analytical minds in the business and high ethical standards, intellectual honesty and objectivity are equally as important. Based on its experience and depth of resources, Jesup & Lamont Equity Research provides the financial and strategic advice necessary for successful equity management. Dedicated to providing insightful analysis of stockmarkets and companies, Jesup & Lamont Equity Research is recognized for the quality and timeliness of its investment recommendations. In Equity Research, we have significantly expanded our capabilities to better serve our corporate and institutional clients. Our current coverage list spotlights; Aerospace & Defense, Alternative Energy, Oil & Gas, Retail, Transportation and Utilities. Research extends into every corner of our equities business, supplying invaluable analysis, information, and advise for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2009 8:25 AM Buy
None
13.13 18.00
as of 12/31/2009
1 Week down  -0.20 %
1 Month up  11.01 %
3 Months up  10.08 %
1 YTD up  50.49 %

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