Citi analyst Ryan Levine maintained a Hold rating on Pnm Resources (PNM – Research Report) today and set a price target of $51.00. The company’s shares opened today at $45.75.
Levine covers the Utilities sector, focusing on stocks such as American Electric Power, Duke Energy, and Edison International. According to TipRanks, Levine has an average return of 5.4% and a 53.06% success rate on recommended stocks.
Currently, the analyst consensus on Pnm Resources is a Hold with an average price target of $50.65.
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PNM market cap is currently $3.93B and has a P/E ratio of 18.91.
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Public Service Co. of New Mexico provides electricity and electric services. It offers payment options, billing, save money and energy and business energy analyzer. The company was founded in 1917 and is headquartered in Albuquerque, NM.
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