Zacks Rating on DTE Energy Company (DTE)

DTE Energy Company (DTE) : 6 analysts are covering DTE Energy Company (DTE) and their average rating on the stock is 2.33, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

DTE Energy Company (DTE) : The consensus price target for DTE Energy Company (DTE) is $102.25 for the short term with a standard deviation of $5.32. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $108, however, the pessimist price target for the company is $96.


Shares of DTE Energy Company appreciated by 0.99% during the last five trading days but lost 4.26% on a 4-week basis. DTE Energy Company is up 6.87% in the last 3-month period. Year-to-Date the stock performance stands at 19.88%. DTE Energy Company (NYSE:DTE): On Tuesdays trading session , Opening price of the stock was $95.2 with an intraday high of $95.57. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $94.59. However, the stock managed to close at $94.61, a loss of 0.54% for the day. On the previous day, the stock had closed at $95.12. The total traded volume of the day was 584,394 shares.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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