Hawaiian Electric (HE) Gets a Hold from Jefferies

In a report released on October 8, Julien Dumoulin Smith from Jefferies maintained a Hold rating on Hawaiian Electric, with a price target of $12.25. The company’s shares closed yesterday at $10.89.

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According to TipRanks, Dumoulin Smith is a 4-star analyst with an average return of 6.4% and a 58.60% success rate. Dumoulin Smith covers the Utilities sector, focusing on stocks such as WEC Energy Group, Southern Co, and Nisource.

The word on The Street in general, suggests a Hold analyst consensus rating for Hawaiian Electric with a $12.25 average price target, which is a 12.49% upside from current levels. In a report released on October 9, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $11.00 price target.

HE market cap is currently $1.9B and has a P/E ratio of -32.82.