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Analysts Offer Insights on Utilities Companies: DTE Energy (DTE), Brookfield Renewable Partners (BEP) and Dominion Energy (D)

Tipranks - Tue May 5, 4:12AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on DTE Energy (DTE), Brookfield Renewable Partners (BEP) and Dominion Energy (D).

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DTE Energy (DTE)

In a report released today, Michael Lonegan from Barclays maintained a Hold rating on DTE Energy, with a price target of $154.00. The company’s shares closed last Friday at $148.79.

According to TipRanks.com, Lonegan is a 4-star analyst with an average return of 8.0% and a 69.0% success rate. Lonegan covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, American Electric Power, and Hawaiian Electric. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DTE Energy with a $161.50 average price target, implying a 6.5% upside from current levels. In a report issued on April 30, TipRanks – Google also downgraded the stock to Hold with a $159.00 price target.

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Brookfield Renewable Partners (BEP)

Barclays analyst Christine Cho CFA maintained a Hold rating on Brookfield Renewable Partners today and set a price target of $28.00. The company’s shares closed last Friday at $33.35.

According to TipRanks.com, CFA is ranked #5062 out of 12226 analysts.

Brookfield Renewable Partners has an analyst consensus of Strong Buy, with a price target consensus of $37.89, representing a 9.3% upside. In a report issued on May 1, TipRanks – Google also downgraded the stock to Hold with a C$46.00 price target.

Dominion Energy (D)

Barclays analyst Nicholas Campanella maintained a Buy rating on Dominion Energy today and set a price target of $70.00. The company’s shares closed last Friday at $63.94.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.1% and a 71.4% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Pinnacle West Capital. ;'>

Currently, the analyst consensus on Dominion Energy is a Hold with an average price target of $66.43, representing a 3.0% upside. In a report issued on April 21, Wells Fargo also maintained a Buy rating on the stock with a $66.00 price target.

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