Analyst Rating Update on DTE Energy Company (DTE)

DTE Energy Company (DTE) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

DTE Energy Company (DTE) : The highest short term price target forecast on DTE Energy Company (DTE) is $108 and the lowest target price is $96. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $102.25 with a standard deviation of $5.32.

For the current week, the company shares have a recommendation consensus of Buy.


DTE Energy Company (NYSE:DTE): The stock opened at $98.02 on Wednesday but the bulls could not build on the opening and the stock topped out at $98.22 for the day. The stock traded down to $96.24 during the day, due to lack of any buying support eventually closed down at $96.67 with a loss of -1.50% for the day. The stock had closed at $98.14 on the previous day. The total traded volume was 891,579 shares.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.