Xcel Energy Inc. with ticker code (XEL) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 79 and 68 and has a mean target at 74.08. Now with the previous closing price of 68.8 this would indicate that there is a potential upside of 7.7%. The 50 day moving average now sits at 69.81 and the 200 moving average now moves to 70.52. The company has a market cap of $37,448m. Company Website: https://www.xcelenergy.com
The potential market cap would be $40,322m 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.
