In a report released today, Christopher Turnure from J.P. Morgan maintained a Buy rating on CMS Energy (CMS), with a price target of $71.00. The company’s shares closed last Monday at $63.89, close to its 52-week high of $65.31.
According to TipRanks.com, Turnure is a 3-star analyst with an average return of 1.5% and a 60.2% success rate. Turnure covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, South Jersey Industries, and Southwest Gas Corp.
Currently, the analyst consensus on CMS Energy is a Moderate Buy with an average price target of $66.38.
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The company has a one-year high of $65.31 and a one-year low of $47.63. Currently, CMS Energy has an average volume of 1.81M.
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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 engages in the generation, purchase, transmission, distribution and sale of electricity.