Xcel Energy Inc. – Consensus Indicates Potential 9.1% Upside

Broker Ratings
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Xcel Energy Inc. with ticker code (XEL) now have 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 83 and 64 calculating the average target price we see 75.63. Given that the stocks previous close was at 69.31 this would indicate that there is a potential upside of 9.1%. There is a 50 day moving average of 71.67 and the 200 moving average now moves to 68.84. The company has a market cap of $38,104m. Visit the company website at: https://www.xcelenergy.com

The potential market cap would be $41,578m 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.

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