Wells Fargo analyst Jonathan Reeder maintained a Buy rating on Northwestern (NWE – Research Report) on December 15 and set a price target of $54.00. The company’s shares closed last Friday at $50.83.
Reeder covers the Utilities sector, focusing on stocks such as Essential Utilities, Brookfield Infrastructure, and Northwestern. According to TipRanks, Reeder has an average return of 3.6% and a 52.76% success rate on recommended stocks.
Northwestern has an analyst consensus of Hold, with a price target consensus of $51.67.
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The company has a one-year high of $59.11 and a one-year low of $45.42. Currently, Northwestern has an average volume of 402.3K.
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Northwestern (NWE) Company Description:
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:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of December 11, 2023
- NorthWestern Energy price target lowered to $50 from $52 at Mizuho
- NorthWestern Energy downgraded to Neutral from Buy at Ladenburg
- NorthWestern Energy price target lowered to $48.50 from $51 at Ladenburg
- Wells Fargo upgrades ‘reasonably priced’ NorthWestern Energy to Overweight
