KD Logo

Jefferies gives a Buy recommendation for Evergy Inc (EVRG)

Evergy Inc’s recently made public that its SVP – PA & CHIEF CO Caisley Charles A. unloaded Company’s shares for reported $0.55 million on Sep 03 ’24. In the deal valued at $59.63 per share,9,236 shares were sold. As a result of this transaction, Caisley Charles A. now holds 33,425 shares worth roughly $2.03 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Caisley Charles A. bought 9,236 shares, generating $550,269 in total proceeds.

Before that, Humphrey Heather A sold 3,347 shares. Evergy Inc shares valued at $196,809 were divested by the SVP – GEN COUNSEL, CORP SEC at a price of $58.80 per share. As a result of the transaction, Humphrey Heather A now holds 35,314 shares, worth roughly $2.15 million.

Jefferies initiated its Evergy Inc [EVRG] rating to a Buy in a research note published on September 20, 2024; the price target was $70. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in early April with a ‘”a Neutral”‘ rating. Citigroup began covering EVRG with “Buy” recommendation on March 26, 2024. BofA Securities revised its rating on March 13, 2024. It rated EVRG as “a Buy” which previously was an “a Neutral”.

Price Performance Review of EVRG

On Friday, Evergy Inc [NASDAQ:EVRG] saw its stock fall -1.41% to $60.77. Over the last five days, the stock has lost -0.57%. Evergy Inc shares have risen nearly 16.42% since the year began. Nevertheless, the stocks have risen 24.27% over the past one year. While a 52-week high of $62.58 was reached on 09/24/24, a 52-week low of $47.97 was recorded on 02/08/24. SMA at 50 days reached $60.37, while 200 days put it at $54.83.

Levels Of Support And Resistance For EVRG Stock

The 24-hour chart illustrates a support level at 60.39, which if violated will result in even more drops to 60.01. On the upside, there is a resistance level at 61.51. A further resistance level may holdings at 62.25. The Relative Strength Index (RSI) on the 14-day chart is 50.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.93%. Stochastics %K at 80.63% indicates the stock is a selling.

How much short interest is there in Evergy Inc?

A steep rise in short interest was recorded in Evergy Inc stocks on 2024-10-15, growing by 0.2 million shares to a total of 8.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 8.27 million shares. There was a rise of 2.33%, which implies that there is a positive sentiment for the stock.

Most Popular