Short Term Rating on Dominion Resources (D)

Dominion Resources (D) : 5 brokerage houses believe that Dominion Resources (D) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Dominion Resources (D). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.12.

Dominion Resources (D) : Currently there are 7 street experts covering Dominion Resources (D) stock. The most bullish and bearish price target for the stock is $83 and $72 respectively for the short term. The average price target of all the analysts comes to $79.71. The estimated standard deviation from the target is $3.99.

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


Dominion Resources (NYSE:D): The stock opened at $77.67 on Tuesday but the bulls could not build on the opening and the stock topped out at $78.01 for the day. The stock traded down to $77.23 during the day, due to lack of any buying support eventually closed down at $77.41 with a loss of -0.95% for the day. The stock had closed at $78.15 on the previous day. The total traded volume was 2,061,409 shares.

Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.

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