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Analysts Conflicted on These Utilities Names: Spire (SR), Portland GE (POR) and Brookfield Infrastructure (BIP)

Tipranks - Sat Jan 31, 6:24AM CST

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Spire (SRResearch Report), Portland GE (PORResearch Report) and Brookfield Infrastructure (BIPResearch Report).

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Spire (SR)

In a report released today, Ross Fowler from Bank of America Securities reiterated a Hold rating on Spire, with a price target of $84.00. The company’s shares closed last Thursday at $84.86.

According to TipRanks.com, Fowler is a 4-star analyst with an average return of 6.0% and a 59.8% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and California Water Service. ;'>

Currently, the analyst consensus on Spire is a Moderate Buy with an average price target of $95.57, a 13.4% upside from current levels. In a report issued on January 28, Stifel Nicolaus also maintained a Hold rating on the stock with a $87.00 price target.

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Portland GE (POR)

In a report released today, Alex Kania from BTIG maintained a Buy rating on Portland GE, with a price target of $58.00. The company’s shares closed last Thursday at $50.27.

According to TipRanks.com, Kania is a 2-star analyst with an average return of 1.4% and a 37.8% success rate. Kania covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Chesapeake Utilities, and WEC Energy Group. ;'>

Currently, the analyst consensus on Portland GE is a Hold with an average price target of $49.00, a -2.4% downside from current levels. In a report issued on January 15, TipRanks – Google also reiterated a Buy rating on the stock with a $55.00 price target.

Brookfield Infrastructure (BIP)

According to TipRanks.com, Choy is a 5-star analyst with an average return of 10.6% and a 69.1% success rate. Choy covers the Utilities sector, focusing on stocks such as TransAlta, Fortis, and Emera. ;'>

Brookfield Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $45.60, representing a 28.3% upside. In a report issued on January 16, Scotiabank also maintained a Buy rating on the stock with a $44.00 price target.

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