Xcel Energy Inc. found using ticker (XEL) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 80 and 67.4 with a mean TP of 75.16. Given that the stocks previous close was at 76.99 this now indicates there is a potential downside of -2.4%. The 50 day moving average now sits at 70.87 and the 200 day MA is 69.95. The market cap for the company is $42,085m. Company Website: https://www.xcelenergy.com
The potential market cap would be $41,085m based on the market concensus.
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
