A number of other equities research analysts have also recently issued reports on XEL. BMO Capital Markets lowered their target price on shares of Xcel Energy from $80.00 to $71.00 and set an outperform rating on the stock in a report on Wednesday, October 5th. JPMorgan Chase & Co. decreased their price target on shares of Xcel Energy from $86.00 to $72.00 and set an overweight rating for the company in a research note on Tuesday, October 18th. Credit Suisse Group cut shares of Xcel Energy from an outperform rating to a neutral rating and set a $68.00 target price on the stock. in a report on Monday. Morgan Stanley raised their price objective on shares of Xcel Energy from $59.00 to $63.00 and gave the company an equal weight rating in a research report on Friday, November 11th. Finally, StockNews.com started coverage on shares of Xcel Energy in a research note on Wednesday, October 12th. They issued a hold rating for the company. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of $69.64.
Xcel Energy Stock Up 0.4 %
Shares of NASDAQ:XEL opened at $68.68 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.42. The business has a fifty day simple moving average of $63.24 and a 200 day simple moving average of $69.16. Xcel Energy has a 12-month low of $56.89 and a 12-month high of $77.66. The firm has a market cap of $37.59 billion, a P/E ratio of 22.44, a P/E/G ratio of 3.34 and a beta of 0.40.
Insider Buying and Selling
Institutional Investors Weigh In On Xcel Energy
Large investors have recently modified their holdings of the business. HHM Wealth Advisors LLC acquired a new stake in Xcel Energy during the 2nd quarter worth approximately $26,000. Brown Brothers Harriman & Co. lifted its holdings in Xcel Energy by 129.1% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 362 shares of the company’s stock worth $26,000 after buying an additional 204 shares during the period. Old North State Trust LLC acquired a new position in shares of Xcel Energy in the 3rd quarter valued at about $26,000. Eagle Bay Advisors LLC lifted its stake in shares of Xcel Energy by 3,035.7% in the 1st quarter. Eagle Bay Advisors LLC now owns 439 shares of the company’s stock valued at $32,000 after purchasing an additional 425 shares during the period. Finally, Burleson & Company LLC acquired a new position in shares of Xcel Energy in the 3rd quarter valued at about $32,000. 77.52% of the stock is currently owned by institutional investors.
About Xcel Energy
Xcel Energy Inc, through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.
- Get a free copy of the StockNews.com research report on Xcel Energy (XEL)
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