CMS Energy Corporation (NYSE:CMS) stock has received a short term price target of $ 41.14 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.48. The higher estimate of target price is $43 , while the lower price target estimate is $37
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Macquarie downgrades its rating on CMS Energy Corporation (NYSE:CMS). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 4, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The (Senior Vice President), of Cms Energy Corp, Malone Daniel J had unloaded 3,639 shares at $40.95 per share in a transaction on May 25, 2016. The total value of transaction was $149,017. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
CMS Energy Corporation (NYSE:CMS) witnessed a volatile trading activity on Monday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $43.4 and reached the intraday high at $43.545. The bulls started the profit booking and pushed the shares to intraday low of $43.11. The trading session was marked by a volume range of 1,463,462 shares exchanging hands. The 52-week high of the shares is $43.6 and the 52-week low is $31.22. The market cap of the company stands at $12,125 million and there are 279,961,710 shares in public circulation.
CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segments operations include the generation, purchase, distribution and sale of electricity. CMS Energys enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas.