Xcel Energy (NYSE:XEL) has an average broker rating of 2.64, which is interpreted as a Hold, as rated by 11 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 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 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Xcel Energy (NYSE:XEL) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $47 and the lowest price target forecast is $36. The average forecast of all the analysts is $41.13 and the expected standard deviation is $3.31.
Company shares have received an average consensus rating of Hold for the current week Also, JP Morgan upgrades its rating on Xcel Energy (NYSE:XEL). The global brokerage major raises the current price target from $39 per share to $47 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The shares were previously rated Neutral. The rating by the firm was issued on June 16, 2016.
Xcel Energy (NYSE:XEL): stock turned positive on Tuesday. Though the stock opened at $43.68, the bulls momentum made the stock top out at $43.815 level for the day. The stock recorded a low of $43.12 and closed the trading day at $43.75, in the green by 0.07%. The total traded volume for the day was 2,744,750. The stock had closed at $43.72 in the previous days trading.
In an insider trading activity,The officer (President, PSCO) of Xcel Energy Inc, Eves David L sold 6,698 shares at $35.57 on November 3, 2015. The Insider selling transaction had a total value worth of $238,248. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.