Citigroup analyst Praful Mehta maintained a Hold rating on DTE Energy (NYSE: DTE) today and set a price target of $110. The company’s shares closed on Friday at $112.96.
According to TipRanks.com, Mehta is a 3-star analyst with an average return of 10.0% and a 69.6% success rate. Mehta covers the Utilities sector, focusing on stocks such as Edison International, Duke Energy Corp, and WEC Energy Group.
Currently, the analyst consensus on DTE Energy is a Strong Buy with an average price target of $115.
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The company has a one-year high of $116.74 and a one-year low of $94.25. Currently, DTE Energy has an average volume of 1.18M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. Last month, Gerard Anderson, the Chairman & CEO of DTE sold 10,000 shares for a total of $1,101,800.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DTE Energy Co. is a diversified energy company, which engages in the business of providing electricity and natural gas sales, distribution and storage services throughout Michigan through its subsidiaries. It operates through the following segments: Electric, Gas, Non-Utility Operations, and Corporate & Other.
