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FirstEnergy, Xcel Energy, and PPL: Analysts’ Recommendations

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Mar. 7 2019, Published 8:03 a.m. ET

Analysts’ views

According to analysts’ estimates, FirstEnergy (FE) stock has a target price of $42.33—compared to its current market price of $40.42. The target price implies an estimated upside of 4.73% for the next 12 months.

Among the 17 analysts tracking FirstEnergy, eight recommended a “buy,” five recommended a “hold,” and four recommended a “strong buy.” None of the analysts recommended FirstEnergy stock as a “sell” as of March 5.

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Peers’ target prices

PPL (PPL) stock has a median target price of $31.54 compared to its market price of $32.48, which suggests an estimated downside of 3% going forward. Among the 14 analysts tracking PPL, two recommended a “strong buy,” three recommended a “buy,” seven recommended a “hold,” and two recommended a “sell.”

Analysts appear to be cautious on Xcel Energy (XEL) stock. Among the 14 analysts tracking the stock, two recommended a “strong buy,” two recommended a “buy,” and ten recommended a “hold.”

The median target price of $53.63 implies a downside of 2.3% to Xcel Energy’s current price of $54.9. SunTrust Robinson Humphrey raised Xcel Energy’s target price from $54.0 to $56.0 last week. UBS also increased the target from $52.0 to $55.0.

Read Sempra Energy or Edison International: Which Could Emerge Strong? to learn more.

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