Xcel Energy (XEL) : 3 brokerage houses believe that Xcel Energy (XEL) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Xcel Energy (XEL). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 2.64.
Xcel Energy (XEL) : Average target price received by Xcel Energy (XEL) is $41.13 with an expected standard deviation of $3.31. The most aggressive target on the stock is $47, whereas the most downbeat target is $36. 8 financial analysts are currently covering the stock.
Xcel Energy (NYSE:XEL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.17 and $44.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.33, notching a gain of 0.13% for the day. The total traded volume was 3,545,121 . The stock had closed at $45.27 on the previous day.
Also, JP Morgan upgrades its view on Xcel Energy (NYSE:XEL) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. JP Morgan raises the price target from $39 per share to $47 per share on Xcel Energy . The rating by the firm was issued on June 16, 2016. The company shares have rallied 34.29% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $45.32 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $42.26 and the 200 Day Moving Average price is recorded at $40.03.
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.