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Inside CMS Energy’s Price Targets ahead of 4Q16 Results

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Nov. 20 2020, Updated 11:42 a.m. ET

CMS Energy: price targets

According to Wall Street analysts’ estimates, CMS Energy (CMS) has a mean price target of $44.33 for the coming year. This implies an estimated upside of 5.6%, as compared to its current market price of $41.97.

Of the 15 analysts tracking CMS Energy, one recommends a “strong buy,” while three recommend “buy,” and 11 recommend “hold” on the stock. None has issued a “sell” recommendation on CMS Energy as of January 24, 2017.

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By comparison, DTE Energy (DTE) has a mean price target of $101.5 for the next year. This implies an estimated upside of 3.6%, as compared to its current market price of $97.96. Xcel Energy (XEL) has an expected upside of nearly 4.0% for the coming year. It has a price target of $42.63, as compared to its current market price of $41.07 on January 24, 2017.

To learn more about how utilities are positioned in 2017, check out Market Realist’s series Hawkish Fed or Helpful Weather: What Will Drive Utilities in 2017?

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