Short Term Price Target on Xcel Energy (XEL)

Xcel Energy (NYSE:XEL) : Average target price received by Xcel Energy (NYSE:XEL) is $41.13 with an expected standard deviation of $3.31. The most aggressive target on the stock is $47, whereas the most downbeat target is $36. 8 financial analysts are currently covering the stock.

Shares of Xcel Energy Inc. rose by 4.87% in the last five trading days and 8.61% for the last 4 weeks. Xcel Energy Inc. is up 7.63% in the last 3-month period. Year-to-Date the stock performance stands at 26.76%.

Xcel Energy (NYSE:XEL) : Zacks Investment Research ranks Xcel Energy (NYSE:XEL) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.64, which indicates as a Hold.

Xcel Energy (NYSE:XEL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.93 and $43.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.78, notching a gain of 2.12% for the day. The total traded volume was 3,544,769 . The stock had closed at $43.85 on the previous day.

Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.

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