WEC Energy Group (WEC) : During the past 4 weeks, traders have been relatively bearish on WEC Energy Group (WEC), hence the stock is down -7.86% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.02% relative to the S&P 500. The 4-week change in the price of the stock is -8.06% and the stock has fallen -2.66% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.99% and the fifty day Moving Average is 5.42%. WEC Energy Group, Inc. is up 0.71% in the last three month period. Year-to-Date the stock performance stands at 19.24%.
WEC Energy Group (WEC) : Average target price received by WEC Energy Group (WEC) is $62.2 with an expected standard deviation of $4.38. The most aggressive target on the stock is $68, whereas the most downbeat target is $58. 5 financial analysts are currently covering the stock.
WEC Energy Group (NYSE:WEC): On Fridays trading session , Opening price of the stock was $61.45 with an intraday high of $61.5775. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $59.48. However, the stock managed to close at $59.68, a loss of 2.56% for the day. On the previous day, the stock had closed at $61.25. The total traded volume of the day was 2,481,516 shares.
WEC Energy Group,Inc., formerly Wisconsin Energy Corporation is a holding company. The Company operates through two segments: utility energy segment and non-utility energy segment. Its utility energy segment consists of Wisconsin Electric and Wisconsin Gas, operating together under the trade name of We Energies. Its non-utility energy segment consists of We Power, which owns and leases to Wisconsin Electric generation plants constructed as part of its Power the Future (PTF) strategy. Its other non-utility operations consist of the operations of its subsidiaries, Wispark LLC and Bostco LLC. Its principal utilities include Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources, among others. Its primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas), W.E. Power, LLC (We Power), Integrys Energy Group, Inc. and Integrys Holding, Inc., among others.