The SPX Utilities with the Highest Dividend Growth: Price Targets

Price targets

WEC Energy (WEC) has a mean price target of $63.8, compared with its current market price of $65.0, which implies a possible downside of 2% going forward. Edison International (EIX) has a mean price target of $83.8, compared with its current market price of $77.6, which implies a potential gain of 8%.

The SPX Utilities with the Highest Dividend Growth: Price Targets

Florida-based NextEra Energy (NEE) has an estimated upside of nearly 3%, compared with its current market price of $151.5. Analysts have given it a mean price target of $155.7.

Eversource Energy (ES) is currently trading at $61.2 and has a mean price target of $64.0. This shows an implied gain of 5%. Notably, Citigroup recently raised Eversource Energy’s price target from $60 to $61.

CMS Energy (CMS) has a mean price target of $48.6, compared with its current market price of $47.4. This implies an estimated upside of 2.5%.

SunTrust Robinson raised CMS Energy’s price target from $47 to $48.

Other expectations

Dominion Energy (D) is expected to have a flattish movement going forward. According to the analysts’ consensus, Dominion stock has a mean price target of $80.2, compared with its current market price of $79.0.

Sempra Energy (SRE) has a potential gain of nearly 8%, compared with its current market price of $114.5. It has a mean price target of $123.4. Notably, Goldman Sachs raised Sempra Energy’s price target last week from $117 to $129.

You can read more about the dividend profiles of top utility stocks in The Top Utilities by Dividend: NEE, DUK, SO, and D. If you want to learn more about US utilities (XLU) and how the industry functions, check out Market Realist’s Powering Up: All You Need to Know about Utilities.