Analysts at Morgan Stanley Reiterate their Past ‘Overweight’ rating on Shares Xcel Energy (NYSE:XEL), Set a $50 PT

April 17, 2018 - By Ellis Scott

Xcel Energy Inc. (NASDAQ:XEL) Logo

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.16, from 1.09 in 2017Q3. It is positive, as 30 investors sold Xcel Energy Inc. shares while 174 reduced holdings. 64 funds opened positions while 192 raised stakes. 367.42 million shares or 0.08% more from 367.12 million shares in 2017Q3 were reported.

42,720 were accumulated by World Asset Mgmt. Prudential Finance has invested 0.05% in Xcel Energy Inc. (NASDAQ:XEL). Wealthtrust Axiom Limited Co owns 27,801 shares or 0.5% of their US portfolio. Teacher Retirement Sys Of Texas invested in 0.12% or 381,408 shares. Goelzer Invest Management Inc holds 0.05% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL) for 8,900 shares. Renaissance Technology Lc invested 0.09% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Texas Permanent School Fund owns 138,615 shares. Caisse De Depot Et Placement Du Quebec holds 310,551 shares. Stoneridge Inv Prtn Limited Liability reported 0.08% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Northwestern Mutual Wealth Communication owns 20,240 shares or 0.01% of their US portfolio. First Manhattan reported 0% in Xcel Energy Inc. (NASDAQ:XEL). Keystone Finance Planning invested in 22,186 shares or 0.57% of the stock. Geode Capital Mgmt Lc holds 0.1% or 5.88M shares in its portfolio. 141,041 were accumulated by Shell Asset Management. Stewart & Patten Limited Liability Company owns 473,289 shares or 4.07% of their US portfolio.

Xcel Energy (NYSE:XEL) Rating Reaffirmed

The financial company has just set a target price of $50 on Xcel Energy (NYSE:XEL) shares. This is 10.06 % from the last stock close price. In a report issued to investors and clients on Monday, 16 April, Morgan Stanley kept their Overweight rating on shares of XEL.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.16, from 1.09 in 2017Q3. It is positive, as 30 investors sold Xcel Energy Inc. shares while 174 reduced holdings. 64 funds opened positions while 192 raised stakes. 367.42 million shares or 0.08% more from 367.12 million shares in 2017Q3 were reported.

42,720 were accumulated by World Asset Mgmt. Prudential Finance has invested 0.05% in Xcel Energy Inc. (NASDAQ:XEL). Wealthtrust Axiom Limited Co owns 27,801 shares or 0.5% of their US portfolio. Teacher Retirement Sys Of Texas invested in 0.12% or 381,408 shares. Goelzer Invest Management Inc holds 0.05% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL) for 8,900 shares. Renaissance Technology Lc invested 0.09% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Texas Permanent School Fund owns 138,615 shares. Caisse De Depot Et Placement Du Quebec holds 310,551 shares. Stoneridge Inv Prtn Limited Liability reported 0.08% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Northwestern Mutual Wealth Communication owns 20,240 shares or 0.01% of their US portfolio. First Manhattan reported 0% in Xcel Energy Inc. (NASDAQ:XEL). Keystone Finance Planning invested in 22,186 shares or 0.57% of the stock. Geode Capital Mgmt Lc holds 0.1% or 5.88M shares in its portfolio. 141,041 were accumulated by Shell Asset Management. Stewart & Patten Limited Liability Company owns 473,289 shares or 4.07% of their US portfolio.

Xcel Energy Inc. (NASDAQ:XEL) Ratings Coverage

Among 7 analysts covering Xcel Energy (NYSE:XEL), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Xcel Energy has $53.0 highest and $42.0 lowest target. $46.86’s average target is 3.15% above currents $45.43 stock price. Xcel Energy had 21 analyst reports since October 23, 2017 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Wednesday, March 28 report. The rating was maintained by SunTrust on Monday, January 8 with “Hold”. SunTrust maintained the shares of XEL in report on Monday, March 19 with “Hold” rating. The stock has “Hold” rating by SunTrust on Monday, December 4. The rating was maintained by SunTrust with “Hold” on Monday, February 12. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, February 1. Mizuho upgraded the shares of XEL in report on Tuesday, March 27 to “Buy” rating. The stock of Xcel Energy Inc. (NASDAQ:XEL) earned “Overweight” rating by Morgan Stanley on Monday, April 16. The stock has “Buy” rating by Bank of America on Thursday, February 8. Morgan Stanley upgraded the shares of XEL in report on Tuesday, February 13 to “Overweight” rating.

The stock increased 0.33% or $0.15 during the last trading session, reaching $45.43. About 979,293 shares traded. Xcel Energy Inc. (NYSE:XEL) has risen 0.76% since April 17, 2017 and is uptrending. It has underperformed by 10.79% the S&P500.

Analysts await Xcel Energy Inc. (NASDAQ:XEL) to report earnings on April, 26. They expect $0.52 EPS, up 10.64 % or $0.05 from last year’s $0.47 per share. XEL’s profit will be $264.50M for 21.84 P/E if the $0.52 EPS becomes a reality. After $0.42 actual EPS reported by Xcel Energy Inc. for the previous quarter, Wall Street now forecasts 23.81 % EPS growth.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. The company has market cap of $23.11 billion. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other divisions. It has a 20.19 P/E ratio. The firm generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources.

Xcel Energy Inc. (NASDAQ:XEL) Institutional Positions Chart

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