Barclays analyst Nicholas Campanella maintained a Hold rating on Xcel Energy (XEL – Research Report) today and set a price target of $61.00. The company’s shares closed last Friday at $59.39.
According to TipRanks, Campanella is a 3-star analyst with an average return of 2.9% and a 52.90% success rate. Campanella covers the Utilities sector, focusing on stocks such as Xcel Energy, Alliant Energy, and Consolidated Edison.
In addition to Barclays, Xcel Energy also received a Hold from Wells Fargo’s Neil Kalton in a report issued on January 25. However, on January 23, Evercore ISI maintained a Buy rating on Xcel Energy (NASDAQ: XEL).
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XEL market cap is currently $32.77B and has a P/E ratio of 18.51.
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Xcel Energy (XEL) Company Description:
Xcel Energy Inc. engages in generating, purchasing, transmitting, distributing, and selling electricity. It generates electricity through nuclear, natural gas, coal, hydroelectric, wood/refuse, solar, and wind energy sources. The company sells to residential, commercial, and industrial customers in eight Western and Midwestern states.
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