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Barchart
Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Evergy Stock?

With a market cap of $16.7 billion, Evergy, Inc. (EVRG) is an energy company that, through its subsidiaries Kansas City Power & Light Company and Westar Energy Inc., generates, transmits, distributes, and sells electricity. Its diverse energy mix includes coal, natural gas, oil, uranium, and renewable sources such as wind, solar, and landfill gas, serving residential, commercial, industrial, and municipal customers.

Shares of the Kansas City, Missouri-based company have outperformed the broader market over the past 52 weeks. EVRG stock has returned 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.1%. Moreover, shares of Evergy are up 17.7% on a YTD basis, compared to SPX's 8.6% gain.

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