CMS Energy Corporation (CMS) Receives Price Target

CMS Energy Corporation (CMS) : Currently there are 8 street experts covering CMS Energy Corporation (CMS) stock. The most bullish and bearish price target for the stock is $48 and $37 respectively for the short term. The average price target of all the analysts comes to $43.63. The estimated standard deviation from the target is $3.81.

CMS Energy Corporation (CMS) : Zacks Investment Research ranks CMS Energy Corporation (CMS) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.6, which indicates as a Hold.


Also, SunTrust Robinson Humphrey maintains its view on CMS Energy Corporation (NYSE:CMS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. SunTrust Robinson Humphrey raises the price target from $44 per share to $45 per share on CMS Energy Corporation. The rating by the firm was issued on August 1, 2016.

CMS Energy Corporation (NYSE:CMS): The stock opened at $41.95 on Thursday but the bulls could not build on the opening and the stock topped out at $42.01 for the day. The stock traded down to $41.73 during the day, due to lack of any buying support eventually closed down at $41.85 with a loss of -0.29% for the day. The stock had closed at $41.97 on the previous day. The total traded volume was 1,476,759 shares.

CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segments operations include the generation, purchase, distribution and sale of electricity. CMS Energys enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas.

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