DTE Energy Company (DTE) Receives Price Target

DTE Energy Company (DTE) : Average target price received by DTE Energy Company (DTE) is $102.25 with an expected standard deviation of $5.32. The most aggressive target on the stock is $108, whereas the most downbeat target is $96. 4 financial analysts are currently covering the stock.

DTE Energy Company (DTE) : Zacks Investment Research ranks DTE Energy Company (DTE) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.33, which indicates as a Buy.


DTE Energy Company (NYSE:DTE): The stock opened at $92.75 on Thursday but the bulls could not build on the opening and the stock topped out at $92.91 for the day. The stock traded down to $91.97 during the day, due to lack of any buying support eventually closed down at $92.21 with a loss of -0.74% for the day. The stock had closed at $92.90 on the previous day. The total traded volume was 878,573 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.

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