In a report released on July 21, Shelby Tucker from RBC Capital maintained a Hold rating on Pnm Resources (PNM – Research Report), with a price target of $50.30. The company’s shares closed yesterday at $45.60.
Tucker covers the Utilities sector, focusing on stocks such as PG&E, Clearway Energy, and Nextera Energy Partners. According to TipRanks, Tucker has an average return of 11.0% and a 69.01% 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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