Analysts have been eager to weigh in on the Utilities sector with new ratings on Pnm Resources (PNM – Research Report) and Ecolab (ECL – Research Report).
Pnm Resources (PNM)
In a report issued on October 30, Shelby Tucker from RBC Capital maintained a Hold rating on Pnm Resources, with a price target of $50.30. The company’s shares closed last Thursday at $42.33, close to its 52-week low of $42.09.
According to TipRanks.com, Tucker is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pnm Resources with a $47.20 average price target, which is an 11.6% upside from current levels. In a report issued on October 30, Wells Fargo also maintained a Hold rating on the stock with a $41.00 price target.
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Ecolab (ECL)
RBC Capital analyst Ashish Sabadra maintained a Buy rating on Ecolab on October 31 and set a price target of $213.00. The company’s shares closed last Thursday at $171.12.
According to TipRanks.com, Sabadra is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Ecolab with a $194.50 average price target, a 15.9% upside from current levels. In a report issued on October 31, Wells Fargo also maintained a Buy rating on the stock with a $215.00 price target.
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