CMS Energy Corporation (NYSE:CMS) 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 2.56 by 9 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Macquarie downgrades its view on CMS Energy Corporation (NYSE:CMS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on April 4, 2016.
CMS Energy Corporation (NYSE:CMS): The mean short term price target for CMS Energy Corporation (NYSE:CMS) has been established at $41.14 per share. The higher price target estimate is at $43 and the lower price target estimate is expected at $37 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.48
CMS Energy Corporation (NYSE:CMS) rose 0.34% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $43.57 the stock was seen hitting $43.92 as a peak level and $43.29 as the lowest level. The stock ended up at $43.71. The daily volume was measured at 1,809,355 shares. The 52-week high of the share price is $44.54 and the 52-week low is $31.22. The company has a market cap of $12,237 million.
CMS Energy Corp. has dropped 0.3% in the last five trading days, however, the shares have posted positive gains of 7% in the last 4 weeks. CMS Energy Corp. is up 7.19% in the last 3-month period. Year-to-Date the stock performance stands at 23.04%.
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.