In a report released today, Paul Fremont from Mizuho Securities reiterated a Buy rating on Xcel Energy (NYSE: XEL), with a price target of $48.50. The company’s shares opened today at $47.27.
According to TipRanks.com, Fremont is a 4-star analyst with an average return of 5.6% and a 69.9% success rate. Fremont covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.
Currently, the analyst consensus on Xcel Energy is a Moderate Buy with an average price target of $46.83.
See today’s analyst top recommended stocks >>
The company has a one-year high of $52.22 and a one-year low of $41.51. Currently, Xcel Energy has an average volume of 3.05M.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.
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.
Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity and natural gas business through its subsidiaries. It operates through the following segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others.
