DTE Energy Company (DTE) : 5 analysts are covering DTE Energy Company (DTE) and their average rating on the stock is 2.2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
DTE Energy Company (DTE) : Average target price received by DTE Energy Company (DTE) is $102.25 with an expected standard deviation of $5.32. The most aggressive target on the stock is $108, whereas the most downbeat target is $96. 4 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. DTE Energy Company (NYSE:DTE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $95.64 and $95.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $95.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $95.88, notching a gain of 0.32% for the day. The total traded volume was 702,895 . The stock had closed at $95.57 on the previous day.
In a related news, Anderson Gerard M, director officer (Chairman and CEO) of Dte Energy Co, unloaded 17,500 shares at an average price of $97.96 on August 1, 2016. The total amount of the transaction was worth $1,714,300, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.