Utility Stocks: Target Price Changes Last Week


Mar. 18 2019, Updated 1:29 p.m. ET

Analysts’ target prices

In this part, we’ll discuss mid-sized utility stocks that received a target price change from analysts last week. According to analysts’ estimates, Ameren (AEE), one of the top gainers among utilities last year, could see downside movement of more than 3% going forward based on its target price of $70.8. Currently, Ameren is trading at $73.0. Morgan Stanley raised Ameren’s target price from $73.0 to $75.0 last week.

To learn about target prices and analysts’ views for top utility stocks (XLU), read What Analysts Currently Think of Southern Company Stock.

Entergy (ETR) stock has a target price of $96.0—compared to its current market price of $94.7, which implies flattish movement for the utility over the next 12 months. Morgan Stanley increased Entergy’s target price from $91.0 to $95.0 last week.

Eversource Energy (ES) stock has a downside potential of ~2% from its current market price of $71.7. Analysts have given it a target price of $70.5. Morgan Stanley raised Eversource Energy’s target price from $71.0 to $73.0.

American Water Works (AWK) stock has an estimated downside of more than 2% based on analysts’ median target price of $103.5. Currently, American Water Works is trading at $105.8. UBS raised the target price from $111.0 to $114.0 last week.

To learn more, read AEP, EXC, and Peers: Analysts’ Views and Price Targets.

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