Analyst price target
Let’s take a look at analysts’ recommendations for the utility stocks under review in this series. Note that none of these stocks have “sell” recommendations from any of the analysts tracking them.
Renewables giant NextEra Energy (NEE) has a potential upside of more than 4% based on analysts’ median target price of $177.25 and its current price of $170.03.
Among the 18 analysts currently tracking NextEra Energy, five have given the stock “strong buys,” while nine have given it “buys.” Four analysts have given it “holds,” and none have given it “sells” as of September 25.
Edison International (EIX) stock has an estimated upside of 4% and a median target price of $71.0. Currently, EIX is trading at $68.36.
Of the 17 analysts tracking EIX, four have given the stock “strong buys,” three have given it “buys,” and ten have given it “holds.”
American Water Works
American Water Works (AWK) stock offers an estimated upside of 6.6% for the next 12 months compared to analysts’ median price target of $93.58. It’s currently trading at $87.82.
Of the total 15 analysts that cover AWK, three have given the stock “strong buys,” while five have given it “buys.” Seven analysts have given it “holds” as of September 25.