Impact of Brokerage Rating on WEC Energy Group, Inc.(WEC)

Many WEC Energy Group, Inc.(WEC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. WEC Energy Group Inc was Downgraded by Mizuho on Feb 2, 2017 to Neutral, Lowers Price Target to $ 59 from a previous price target of $63 .

Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Allen L Leverett (President and CEO) sold 29,715 shares at 58.32 per share price.On Aug 19, 2016, Robert M Garvin (Exec Vice President – Ext Affs) sold 19,225 shares at 61.62 per share price.On Aug 17, 2016, Ulice Jr Payne (director) sold 4,500 shares at 61.15 per share price.

WEC Energy Group Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.61 EPS for the quarter. Analyst had a consensus estimate of $0.61. The company had revenue of $1963.00 million for the quarter, compared to analysts expectations of $1853.21 million. The companys revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

WEC Energy Group, Inc. (NYSE:WEC) 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 2.4 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.

WEC Energy Group, Inc. (NYSE:WEC): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $61.33 in WEC Energy Group, Inc. (NYSE:WEC). However, the stock price could fluctuate by $ 3.78 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $68 price target with the lower price estimate is calculated at $58

WEC Energy Group, Inc. (NYSE:WEC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.9% or 0.52 points. After the session commenced at $57.79, the stock reached the higher end at $57.82 while it hit a low of $56.91. With the volume soaring to 1,660,215 shares, the last trade was called at $57.36. The company has a 52-week high of $66.1032. The company has a market cap of $18,104 million and there are 315,614,940 shares in outstanding. The 52-week low of the share price is $53.6634.

WEC Energy Group is the natural gas distribution company. WEC Energy Group, Inc., formerly known as Wisconsin Energy Corporation, is based in MILWAUKEE, United States.

WEC

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