How Do Analysts View Dominion Resources’s Dim Outlook for 2017?
Analysts expect a 9.2% rise in Dominion Resources (D) over the next year. According to analysts’ estimates, it has a mean estimated price of $78.47 compared to its current market price of $71.85.
Of the 22 analysts tracking Dominion Resources on February 2, 2017, four recommended it as a “strong buy,” while four recommended it as a “buy.” The other 14 analysts recommended Dominion as a “hold.” No analysts offered “sell” recommendations on the stock.
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Duke Energy (DUK) is expected to rise 3% in the next year. It has a mean target price of $79.65, compared to its current market price of $77.36.
American Electric Power (AEP) has a mean price target of $67.08, which implies an estimated upside of 6% in the next year. AEP currently trading at $63.09.
To learn more about how utilities may be positioned in 2017, please read Hawkish Fed or Helpful Weather: What Will Drive Utilities in 2017?