Alliant Energy Corporation (NYSE:LNT) 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 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Barclays downgrades its ratings on Alliant Energy Corporation (NYSE:LNT). In the latest research report, Barclays maintains the target price to $39 per share. According to the latest information available, the shares are now rated Equal-weight by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 10, 2016.
Alliant Energy Corporation (NYSE:LNT): 2 analysts have set the short term price target of Alliant Energy Corporation (NYSE:LNT) at $38.5. The standard deviation of short term price target has been estimated at $0.71, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 39 and $38 respectively.
Alliant Energy Corporation (NYSE:LNT) rose 0.41% or 0.16 points on Tuesday and made its way into the gainers of the day. After trading began at $38.97 the stock was seen hitting $39.25 as a peak level and $38.645 as the lowest level. The stock ended up at $39.05. The daily volume was measured at 1,313,659 shares. The 52-week high of the share price is $39.49 and the 52-week low is $27.135. The company has a market cap of $8,869 million.
Alliant Energy Corporation has dropped 0.15% in the last five trading days, however, the shares have posted positive gains of 8.74% in the last 4 weeks. Alliant Energy Corporation is up 9.51% in the last 3-month period. Year-to-Date the stock performance stands at 27.32%.
Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa, Wisconsin and Minnesota. The Companys business segments are Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. The Companys Non-regulated, Parent and Other segment includes the operations of Alliant Energy Resources, LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services, Inc. (Corporate Services); the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.