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Analysts Offer Insights on Utilities Companies: Pinnacle West Capital (PNW) and Dominion Energy (D)

Tipranks - Wed May 6, 7:24AM CDT

Analysts fell to the sidelines weighing in on Pinnacle West Capital (PNW) and Dominion Energy (D) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Pinnacle West Capital (PNW)

In a report released today, Sophie Karp from KeyBanc maintained a Hold rating on Pinnacle West Capital. The company’s shares closed last Monday at $101.82.

According to TipRanks.com, Karp is a 4-star analyst with an average return of 5.2% and a 55.8% success rate. Karp covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Consolidated Edison. ;'>

Currently, the analyst consensus on Pinnacle West Capital is a Hold with an average price target of $103.33, a 1.5% upside from current levels. In a report issued on April 21, Wells Fargo also maintained a Hold rating on the stock with a $106.00 price target.

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Dominion Energy (D)

In a report released yesterday, Carly Davenport from Goldman Sachs maintained a Hold rating on Dominion Energy, with a price target of $68.00. The company’s shares closed last Monday at $62.95.

According to TipRanks.com, Davenport is a 3-star analyst with an average return of 5.0% and a 67.1% success rate. Davenport covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Edison International, and Eversource Energy. ;'>

Currently, the analyst consensus on Dominion Energy is a Hold with an average price target of $66.77, which is a 5.3% upside from current levels. In a report issued on April 21, Morgan Stanley also maintained a Hold rating on the stock with a $68.00 price target.

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