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Analysts Offer Insights on Utilities Companies: Atmos Energy (ATO) and AES (AES)

Tipranks - Tipranks - Wed Mar 4, 6:31AM CST

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Atmos Energy (ATO – Research Report) and AES (AES – Research Report) with bullish sentiments.

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Atmos Energy (ATO)

J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on Atmos Energy today and set a price target of $196.00. The company’s shares closed last Monday at $187.07.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 9.5% and a 61.9% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Atmos Energy with a $183.00 average price target.

See the top stocks recommended by analysts >>

AES (AES)

In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on AES, with a price target of $23.00. The company’s shares closed last Monday at $14.21.

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 15.2% and a 67.4% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AES with a $17.60 average price target.

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