Impact of Brokerage Rating on DTE Energy Company(DTE)

Many DTE Energy Company(DTE) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. DTE Energy Co was Initiated by Credit Suisse to Neutral on Jan 25, 2017. DTE Energy Co was Downgraded by UBS on Jan 9, 2017 to Neutral, Price Target of the shares are set at $105.DTE Energy Co was Upgraded by BofA/Merrill to Buy on Nov 22, 2016.

Company has reported several Insider transactions to the SEC, on Feb 14, 2017, David A Thomas (director) purchased 673 shares at 98.02 per share price.On Dec 9, 2016, Lisa A. Muschong (VP-Corp. Sec. & Chief of Staff) sold 520 shares at 95.95 per share price.On Dec 8, 2016, Bruce D Peterson (SVP/General Counsel) sold 10,000 shares at 95.43 per share price.

DTE Energy Co Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.81 EPS for the quarter, missing the analyst consensus estimate by $ -0.07. Analyst had a consensus of $0.88. The company had revenue of $2874.00 million for the quarter, compared to analysts expectations of $2805.65 million. The companys revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.

DTE Energy Company (NYSE:DTE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 8 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

DTE Energy Company (NYSE:DTE): The mean short term price target for DTE Energy Company (NYSE:DTE) has been established at $104.64 per share. The higher price target estimate is at $109 and the lower price target estimate is expected at $100 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.4

DTE Energy Company (NYSE:DTE) rose 0.14% or 0.14 points on Tuesday and made its way into the gainers of the day. After trading began at $97.59 the stock was seen hitting $98.43 as a peak level and $97.59 as the lowest level. The stock ended up at $98.21. The daily volume was measured at 1,369,634 shares. The 52-week high of the share price is $100.45 and the 52-week low is $81.75. The company has a market cap of $17,622 million.

DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Companys principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.

DTE

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