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Analysts Offer Insights on Utilities Companies: ReNew Energy Global (RNW) and Constellation Energy Corporation (CEG)

Analysts have been eager to weigh in on the Utilities sector with new ratings on ReNew Energy Global (RNWResearch Report) and Constellation Energy Corporation (CEGResearch Report).

ReNew Energy Global (RNW)

In a report released yesterday, Maheep Mandloi from Mizuho Securities reiterated a Buy rating on ReNew Energy Global, with a price target of $10.00. The company’s shares closed last Wednesday at $6.25.

According to TipRanks.com, Mandloi has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.6% and a 39.8% success rate. Mandloi covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and Maxeon Solar Technologies.

Currently, the analyst consensus on ReNew Energy Global is a Strong Buy with an average price target of $9.07.

See today’s best-performing stocks on TipRanks >>

Constellation Energy Corporation (CEG)

In a report released yesterday, Anthony Crowdell from Mizuho Securities reiterated a Hold rating on Constellation Energy Corporation, with a price target of $132.00. The company’s shares closed last Wednesday at $131.40, close to its 52-week high of $133.97.

According to TipRanks.com, Crowdell is a 3-star analyst with an average return of 2.6% and a 52.1% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Public Service Enterprise, and American Electric Power.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Constellation Energy Corporation with a $128.25 average price target.

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