In a report released today, Julien Dumoulin Smith from Merrill Lynch maintained a Hold rating on El Paso Electric Company (NYSE: EE). The company’s shares opened today at $54.25.
According to TipRanks.com, Smith is a 4-star analyst with an average return of 5.0% and a 64.7% success rate. Smith covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Nextera Energy Partners, and Centerpoint Energy.
El Paso Electric Company has an analyst consensus of Hold.
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The company has a one-year high of $61.15 and a one-year low of $48.05. Currently, El Paso Electric Company has an average volume of 282.5K.
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El Paso Electric Co. engages in the generation, transmission, and distribution of electricity in West Texas and southern New Mexico. Its energy sources consist of nuclear fuel, natural gas, coal, wind turbines, and purchased power.
