Brokerage Firm Rating Update on Xcel Energy (XEL)

Xcel Energy (XEL) : The consensus on Xcel Energy (XEL) based on 10 analyst recommendation on the company stock is 2.8, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Xcel Energy (XEL) : 7 investment research analysts covering Xcel Energy (XEL) have an average price target of $41.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $48 and the lowest target is $36 for the short term. Analysts expect the variance to be within $4.06 of the average price.


Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the SunTrust Robinson Humphrey maintains the rating on Xcel Energy (NYSE:XEL). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency lowers the price target from $42 per share to $41 per share. The rating by the firm was issued on August 29, 2016.

Xcel Energy (NYSE:XEL): The stock opened at $42.19 and touched an intraday high of $42.46 on Wednesday. During the day, the stock corrected to an intraday low of $41.84, however, the bulls stepped in and pushed the price higher to close in the green at $42.38 with a gain of 0.43% for the day. The total traded volume for the day was 3,510,288. The stock had closed at $42.2 in the previous trading session.

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.

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