KeyBanc analyst Paul Ridzon maintained a Buy rating on CMS Energy (NYSE: CMS) today and set a price target of $47. The company’s shares closed yesterday at $45.83.
According to TipRanks.com, Ridzon is a 4-star analyst with an average return of 10.5% and a 75.0% success rate. Ridzon covers the Utilities sector, focusing on stocks such as American Electric Power, NextEra Energy Inc, and Nisource Inc.
CMS Energy has an analyst consensus of Moderate Buy, with a price target consensus of $46.67.
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The company has a one-year high of $50.85 and a one-year low of $40.48. Currently, CMS Energy has an average volume of 2.85M.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock.
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CMS Energy Corp. is a holding company, which engages in business through its subsidiaries. It operates through the following business segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity.
