Analysts have been eager to weigh in on the Utilities sector with new ratings on Southwest Gas (SWX) and Exelon (EXC).
Southwest Gas (SWX)
In a report released yesterday, Sarah Akers from Wells Fargo maintained a Sell rating on Southwest Gas. The company’s shares closed last Friday at $76.05.
According to TipRanks.com, Akers is a 4-star analyst with an average return of 6.9% and a 66.0% success rate. Akers covers the Utilities sector, focusing on stocks such as South Jersey Industries, Pinnacle West Capital, and Chesapeake Utilities.
Currently, the analyst consensus on Southwest Gas is a Hold with an average price target of $79.50.
See today’s analyst top recommended stocks >>
Exelon (EXC)
Wells Fargo analyst Neil Kalton maintained a Buy rating on Exelon yesterday. The company’s shares closed last Friday at $37.43.
According to TipRanks.com, Kalton is a 3-star analyst with an average return of 2.9% and a 52.9% success rate. Kalton covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, Public Service Enterprise, and Edison International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exelon with a $48.82 average price target, a 38.3% upside from current levels. In a report issued on April 28, RBC Capital also maintained a Buy rating on the stock with a $44.00 price target.
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.
