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Wall Street Analysts Are Neutral on Top Utilities Picks

Tipranks - Wed May 20, 7:24AM CDT

Analysts fell to the sidelines weighing in on Exelon (EXC), Northwestern (NWE) and Dominion Energy (D) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Exelon (EXC)

In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Exelon, with a price target of $49.00. The company’s shares closed last Monday at $43.97, close to its 52-week high of $45.20.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 9.3% and a 60.6% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Exelon has an analyst consensus of Hold, with a price target consensus of $49.93, which is a 14.6% upside from current levels. In a report issued on May 4, TipRanks – PerPlexity also downgraded the stock to Hold with a $50.00 price target.

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Northwestern (NWE)

In a report released yesterday, Aidan Kelly from J.P. Morgan maintained a Hold rating on Northwestern, with a price target of $73.00. The company’s shares closed last Monday at $71.48.

According to TipRanks.com, Kelly is a 2-star analyst with an average return of -0.6% and a 50.0% success rate. Kelly covers the Utilities sector, focusing on stocks such as Edison International, Mdu Resources Group, and Sempra Energy. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Northwestern with a $69.90 average price target, a -2.0% downside from current levels. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a $77.00 price target.

Dominion Energy (D)

In a report released today, Richard Sunderland from Truist Financial maintained a Hold rating on Dominion Energy. The company’s shares closed last Monday at $67.56.

According to TipRanks.com, Sunderland is a 4-star analyst with an average return of 4.0% and a 54.3% success rate. Sunderland 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 Hold analyst consensus rating for Dominion Energy with a $67.15 average price target, a -2.2% downside from current levels. In a report issued on May 4, Goldman Sachs also maintained a Hold rating on the stock with a $68.00 price target.

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