Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on California Water Service (CWT), CMS Energy (CMS) and Northwest Gas (NWN).
California Water Service (CWT)
In a report released yesterday, Jonathan Reeder from Wells Fargo maintained a Hold rating on California Water Service. The company’s shares closed last Monday at $56.44, close to its 52-week high of $56.72.
According to TipRanks.com, Reeder is a 3-star analyst with an average return of 6.8% and a 66.7% success rate. Reeder covers the Utilities sector, focusing on stocks such as American States Water Company, Pnm Resources Inc, and American Water.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for California Water Service with a $56 average price target.
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CMS Energy (CMS)
In a report released yesterday, Neil Kalton from Wells Fargo maintained a Buy rating on CMS Energy. The company’s shares closed last Monday at $63.05, close to its 52-week high of $63.31.
According to TipRanks.com, Kalton is a 4-star analyst with an average return of 7.9% and a 71.8% success rate. Kalton covers the Utilities sector, focusing on stocks such as Edison International, WEC Energy Group, and Pattern Energy.
Currently, the analyst consensus on CMS Energy is a Moderate Buy with an average price target of $62.
Northwest Gas (NWN)
Wells Fargo analyst Sarah Akers maintained a Hold rating on Northwest Gas yesterday. The company’s shares closed last Monday at $71.36, close to its 52-week high of $73.50.
According to TipRanks.com, Akers is a 4-star analyst with an average return of 12.8% and a 94.1% success rate. Akers covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Chesapeake Utilities Corp, and Dominion Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northwest Gas with a $79 average price target.
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