LADENBURG THALM/SH SH Downgrades Northwestern Energy Group (NASDAQ:NWE) to Hold

Northwestern Energy Group (NASDAQ:NWE) was downgraded by equities researchers at LADENBURG THALM/SH SH from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, MarketBeat.com reports. They currently have a $56.00 price objective on the stock. LADENBURG THALM/SH SH’s price target points to a potential upside of 3.88% from the company’s previous close.

Separately, Wall Street Zen raised Northwestern Energy Group from a “sell” rating to a “hold” rating in a research note on Sunday.

Northwestern Energy Group Stock Down 0.4%

NWE stock opened at $53.91 on Monday. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 14.04 and a beta of 0.40. Northwestern Energy Group has a 52-week low of $48.52 and a 52-week high of $59.89.

About Northwestern Energy Group

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.