Xcel Energy (XEL) Receives Price Target

Xcel Energy (XEL) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $48 and the lowest price target forecast is $36. The average forecast of all the analysts is $41.86 and the expected standard deviation is $4.06.

Xcel Energy (XEL) has an average broker rating of 2.8, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.


Also, Brokerage firm Jefferies maintains its rating on Xcel Energy (NYSE:XEL). As per the latest information, the brokerage house raises the price target to $45 per share from a prior target of $42. The shares have been rated Hold. The rating by the firm was issued on August 4, 2016.

Xcel Energy (NYSE:XEL): The stock opened at $41.33 on Thursday but the bulls could not build on the opening and the stock topped out at $41.47 for the day. The stock traded down to $41.11 during the day, due to lack of any buying support eventually closed down at $41.27 with a loss of -0.22% for the day. The stock had closed at $41.36 on the previous day. The total traded volume was 2,721,379 shares.

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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