Published On: Wed, Oct 19th, 2016

Analyst Review: IDACORP, Inc. (NYSE:IDA)

A number of investment brokers have recently updated their price targets on shares of IDACORP, Inc. (NYSE:IDA).

Most recent broker ratings

10/18/2016 – IDACORP, Inc. had its “hold” rating reiterated by analysts at Williams Capital. They now have a USD 75 price target on the stock.

03/04/2015 – IDACORP, Inc. was upgraded to “outperform” by analysts at Zacks. They now have a USD 72.9 price target on the stock.

11/04/2014 – IDACORP, Inc. was downgraded to “hold” by analysts at KeyBanc.

08/05/2014 – IDACORP, Inc. had its “neutral” rating reiterated by analysts at Ladenburg Thalmann. They now have a USD 53 price target on the stock.

The share price of IDACORP, Inc. (NYSE:IDA) was up +0.77% during the last day of trading, with a day high of 76.11. 194011 shares were traded during the last session.

The stock’s 50 day moving average is 76.82 and its 200 day moving average is 76.18. The stock’s market capitalization is 3.82B. IDACORP, Inc. has a 52-week low of 64.17 and a 52-week high of 83.40.

IDACORP, Inc. is a holding company. The Company’s operating subsidiary is Idaho Power Company (Idaho Power), which is an electric utility engaged in the generation, transmission, distribution, sale and purchase of electric energy and capacity. Its segments are utility operations and all other. The utility operations segment consists of the regulated operations of Idaho Power, which include the generation, transmission, distribution, purchase and sale of electricity, and Idaho Energy Resources Co. (IERCo), a subsidiary of Idaho Power and a joint venturer in Bridger Coal Company (BCC), which mines and supplies coal to the Jim Bridger generating plant owned in part by Idaho Power. The all other segment consists of IDACORP Financial Services, Inc.’s investments in housing developments and rehabilitation projects, Ida-West Energy Company’s joint venture investments in small hydroelectric generation projects and the remaining activities of IDACORP Energy Services Co. (IESCo).