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Analysts Have Conflicting Sentiments on These Utilities Companies: Dominion Energy (D), FirstEnergy (FE) and Alliant Energy (LNT)

Tipranks - Thu Jul 23, 7:18AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Dominion Energy (D), FirstEnergy (FE) and Alliant Energy (LNT).

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Dominion Energy (D)

BMO Capital analyst James Thalacker maintained a Hold rating on Dominion Energy today and set a price target of $70.00. The company’s shares closed last Tuesday at $69.85.

According to TipRanks.com, Thalacker is a 5-star analyst with an average return of 13.5% and a 69.7% success rate. Thalacker 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 Moderate Buy analyst consensus rating for Dominion Energy with a $70.00 average price target, implying a -0.5% downside from current levels. In a report issued on July 13, Truist Financial also maintained a Hold rating on the stock with a $68.00 price target.

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FirstEnergy (FE)

In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on FirstEnergy, with a price target of $53.00. The company’s shares closed last Tuesday at $48.39.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 8.9% and a 58.7% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Consolidated Edison. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FirstEnergy with a $53.70 average price target.

Alliant Energy (LNT)

BMO Capital analyst Edward DeArias maintained a Buy rating on Alliant Energy today and set a price target of $80.00. The company’s shares closed last Tuesday at $73.11.

Currently, the analyst consensus on Alliant Energy is a Moderate Buy with an average price target of $79.50, representing a 7.5% upside. In a report issued on July 17, RBC Capital also maintained a Buy rating on the stock with a $80.00 price target.

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