Analysts Offer Insights on Utilities Companies: CMS Energy (CMS) and Eversource Energy (ES)

Analysts have been eager to weigh in on the Utilities sector with new ratings on CMS Energy (CMS) and Eversource Energy (ES).

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CMS Energy (CMS)

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 14.7% and a 68.1% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Currently, the analyst consensus on CMS Energy is a Moderate Buy with an average price target of $81.18.

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Eversource Energy (ES)

In a report released today, Paul Zimbardo CFA from Jefferies reiterated a Sell rating on Eversource Energy, with a price target of $57.00. The company’s shares closed last Friday at $66.67, close to its 52-week high of $69.01.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.8% and a 58.2% success rate. CFA covers the Utilities sector, focusing on stocks such as Edison International, Entergy, and Evergy. ;'>

Currently, the analyst consensus on Eversource Energy is a Hold with an average price target of $73.67, implying a 6.9% upside from current levels. In a report issued on March 12, J.P. Morgan also assigned a Sell rating to the stock with a $75.00 price target.

Read More on CMS:

Disclaimer & DisclosureReport an Issue

• CMS Energy price target raised to $83 from $79 at KeyBanc
• CMS Energy price target raised to $79 from $74 at Barclays
• CMS Energy price target raised to $80 from $75 at Morgan Stanley
• CMS Energy Adds Experienced Leaders to Expanded Board
• CMS Energy management to meet with KeyBanc