RBC Capital Maintains Their Hold Rating on Dominion Resources (D)


In a report released today, Shelby Tucker from RBC Capital maintained a Hold rating on Dominion Resources (D), with a price target of $79.00. The company’s shares closed last Monday at $88.63, close to its 52-week high of $89.20.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 9.5% and a 75.0% success rate. Tucker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Nextera Energy Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dominion Resources with a $89.18 average price target, a 0.2% upside from current levels. In a report issued on February 11, Wells Fargo also maintained a Hold rating on the stock.

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Dominion Resources’ market cap is currently $73.76B and has a P/E ratio of 52.65. The company has a Price to Book ratio of 2.64.

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Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. It operates through following business segments: Power Delivery, Power Generation, and Gas Infrastructure.

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