Evergy Inc
EVRG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$99.00 | Jxxcqh | Ldsjqhcs |
Evergy: Kansas Rate Settlement Reduces Regulatory Risk
We are reaffirming our $65 fair value estimate for Evergy after the company announced it reached a settlement that will raise customer rates in Kansas next year. We expect regulators to approve the settlement later this year. Also, we are reaffirming our narrow moat rating.