SunTrust Robinson Reaffirms Xcel Energy (NYSE:XEL) As a “Hold”; They Now Have a Target Of $44.0

April 20, 2018 - By reb123z

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 improved, 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.

Clinton Gru Incorporated Inc accumulated 59,205 shares or 0.25% of the stock. The Florida-based Finemark State Bank & has invested 0.06% in Xcel Energy Inc. (NASDAQ:XEL). Guggenheim Cap Limited Com stated it has 802,629 shares. Royal State Bank Of Canada, Ontario – Canada-based fund reported 4.91 million shares. Jnba Fin accumulated 2,582 shares. Mitsubishi Ufj & stated it has 0.1% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Security Natl Tru invested 0.01% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Parametric Port Associate Ltd Liability Corporation holds 0.06% or 1.22 million shares in its portfolio. Goldman Sachs Gp reported 3.98M shares stake. Bnp Paribas Asset Mgmt Holding reported 0.09% in Xcel Energy Inc. (NASDAQ:XEL). Strs Ohio reported 74,571 shares stake. Wellington Mgmt Group Llp owns 9.63M shares. Bp Plc holds 57,000 shares. Brookfield Asset Management reported 0.01% in Xcel Energy Inc. (NASDAQ:XEL). Fmr holds 0.12% or 21.18 million shares.

Xcel Energy (NYSE:XEL) Rating Reaffirmed

Research analysts at SunTrust Robinson now has a $44.0 TP on Xcel Energy (NYSE:XEL). SunTrust Robinson and their recent TP indicates a potential downside of -2.78 % from the company’s previous stock close. The rating has been revealed in an analyst note on Tuesday, 26 December.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.16, from 1.09 in 2017Q3. It improved, 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.

Clinton Gru Incorporated Inc accumulated 59,205 shares or 0.25% of the stock. The Florida-based Finemark State Bank & has invested 0.06% in Xcel Energy Inc. (NASDAQ:XEL). Guggenheim Cap Limited Com stated it has 802,629 shares. Royal State Bank Of Canada, Ontario – Canada-based fund reported 4.91 million shares. Jnba Fin accumulated 2,582 shares. Mitsubishi Ufj & stated it has 0.1% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Security Natl Tru invested 0.01% of its portfolio in Xcel Energy Inc. (NASDAQ:XEL). Parametric Port Associate Ltd Liability Corporation holds 0.06% or 1.22 million shares in its portfolio. Goldman Sachs Gp reported 3.98M shares stake. Bnp Paribas Asset Mgmt Holding reported 0.09% in Xcel Energy Inc. (NASDAQ:XEL). Strs Ohio reported 74,571 shares stake. Wellington Mgmt Group Llp owns 9.63M shares. Bp Plc holds 57,000 shares. Brookfield Asset Management reported 0.01% in Xcel Energy Inc. (NASDAQ:XEL). Fmr holds 0.12% or 21.18 million shares.

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 3.54% above currents $45.26 stock price. Xcel Energy had 21 analyst reports since October 23, 2017 according to SRatingsIntel. The stock of Xcel Energy Inc. (NASDAQ:XEL) has “Hold” rating given on Thursday, February 1 by RBC Capital Markets. The rating was maintained by SunTrust on Monday, December 4 with “Hold”. Morgan Stanley maintained Xcel Energy Inc. (NASDAQ:XEL) on Monday, November 13 with “Equal-Weight” rating. The rating was maintained by SunTrust on Monday, February 5 with “Hold”. The rating was maintained by SunTrust with “Hold” on Monday, October 23. The rating was upgraded by Morgan Stanley on Tuesday, February 13 to “Overweight”. As per Monday, April 16, the company rating was maintained by SunTrust. SunTrust maintained it with “Hold” rating and $42.0 target in Monday, March 5 report. The firm earned “Buy” rating on Tuesday, October 24 by Bank of America. SunTrust maintained the stock with “Hold” rating in Monday, April 2 report.

The stock decreased 0.30% or $0.13 during the last trading session, reaching $45.26. About 1.25M shares traded. Xcel Energy Inc. (NYSE:XEL) has risen 0.76% since April 20, 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 before the open. They expect $0.52 EPS, up 10.64 % or $0.05 from last year’s $0.47 per share. XEL’s profit will be $264.47 million for 21.76 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 $23.02 billion. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other divisions. It has a 20.11 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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