In a report released today, Sophie Karp from KeyBanc reiterated a Buy rating on Northwestern (NWE – Research Report), with a price target of $64.00. The company’s shares closed yesterday at $51.40.
According to TipRanks, Karp is a 4-star analyst with an average return of 5.0% and a 49.81% success rate. Karp covers the Utilities sector, focusing on stocks such as Northwestern, Avista, and Consolidated Edison.
Northwestern has an analyst consensus of Hold, with a price target consensus of $55.17.
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NWE market cap is currently $3.07B and has a P/E ratio of 17.24.
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NorthWestern Corp. engages in generating and distributing electricity and natural gas. It operates through the following segments: Electric Utility Operations, Natural Gas Operations, and All Other. The Electric Utility Operations segment includes generation, transmission, and distribution of electric utility business as a vertically integrated generation transmission and distribution utility. The Natural Gas Operations segment comprises production, storage, transmission, and distribution of natural gas. The All Other segment consists of unallocated corporate costs. The company was founded in November 1923 and is headquartered in Sioux Falls, SD.
Read More on NWE:
- NorthWestern Energy management to meet with KeyBanc
- NorthWestern Energy initiated with an Underweight at Barclays
- NorthWestern Energy price target lowered to $53 from $59 at Ladenburg
- NorthWestern Energy price target lowered to $59 from $60 at Mizuho
- NorthWestern Energy upgraded to Buy from Neutral at Ladenburg
