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DIS   114.10 (+1.02%)
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PFE   25.86 (-0.19%)
PYPL   63.99 (+0.76%)
XOM   118.92 (-0.64%)
QQQ   432.22 (+0.27%)
AAPL   169.35 (-1.93%)
MSFT   416.39 (+0.66%)
META   502.86 (+0.53%)
GOOGL   154.69 (-0.11%)
AMZN   184.02 (+0.22%)
TSLA   157.92 (-2.20%)
NVDA   875.30 (+1.78%)
AMD   163.71 (+2.11%)
NIO   3.84 (-1.29%)
BABA   70.00 (-0.88%)
T   16.07 (-1.05%)
F   12.19 (-0.33%)
MU   121.40 (+0.02%)
GE   155.60 (+1.24%)
CGC   6.89 (-1.29%)
DIS   114.10 (+1.02%)
AMC   2.73 (+10.53%)
PFE   25.86 (-0.19%)
PYPL   63.99 (+0.76%)
XOM   118.92 (-0.64%)

WEC Energy Group (WEC) Stock Forecast & Price Target

$78.35
-0.54 (-0.68%)
(As of 12:51 PM ET)

WEC Energy Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

$86.31
10.16% Upside
High Forecast$95.00
Average Forecast$86.31
Low Forecast$75.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$86.31$86.17$89.00$98.78
Predicted Upside10.16% Upside4.11% Upside4.83% Upside6.53% Upside
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WEC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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WEC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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WEC Energy Group Stock vs. The Competition

TypeWEC Energy GroupUtilities CompaniesS&P 500
Consensus Rating Score
2.00
2.43
2.49
Consensus RatingHoldHoldHold
Predicted Upside9.40% Upside77.44% Upside11.22% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/10/2024The Goldman Sachs Group
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 Initiated CoverageNeutral$88.00+7.43%
2/8/2024Barclays
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 Lower TargetUnderweight ➝ Underweight$79.00 ➝ $75.00-2.56%
2/8/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$95.00 ➝ $90.00+15.96%
2/2/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$93.00 ➝ $91.00+14.01%
2/2/2024JPMorgan Chase & Co.
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 DowngradeNeutral ➝ Underweight$90.00 ➝ $84.00+2.69%
1/4/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$94.00 ➝ $95.00+9.67%
1/4/2024Bank of America
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 Reiterated RatingNeutral ➝ Underperform$84.00 ➝ $78.00-9.95%
12/18/2023Mizuho
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 Lower TargetBuy ➝ Buy$88.00 ➝ $86.00+4.46%
10/9/2023Guggenheim
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 Lower Target$94.00 ➝ $84.00+3.69%
10/4/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$87.00 ➝ $80.00+1.55%
9/11/2023LADENBURG THALM/SH SH
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 Initiated CoverageNeutral$85.00+0.39%
8/2/2023BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$98.00 ➝ $95.00+6.12%
6/30/2023888
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 Reiterated RatingReiterates
6/9/2023Evercore ISI
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 Lower Target$98.00 ➝ $91.00+0.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:12 PM ET.

WEC Price Target - Frequently Asked Questions

What is WEC Energy Group's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for WEC Energy Group stock is Hold based on the current 3 sell ratings, 5 hold ratings and 3 buy ratings for WEC. The average twelve-month price prediction for WEC Energy Group is $86.31 with a high price target of $95.00 and a low price target of $75.00. Learn more on WEC's analyst rating history.

Do Wall Street analysts like WEC Energy Group more than its competitors?

Analysts like WEC Energy Group less than other Utilities companies. The consensus rating score for WEC Energy Group is 2.00 while the average consensus rating score for utilities companies is 2.43. Learn more on how WEC compares to other companies.

Is WEC Energy Group being downgraded by Wall Street analysts?

Over the previous 90 days, WEC Energy Group's stock had 1 downgrade by analysts.

Does WEC Energy Group's stock price have much upside?

According to analysts, WEC Energy Group's stock has a predicted upside of 4.37% based on their 12-month stock forecasts.

What analysts cover WEC Energy Group?

WEC Energy Group has been rated by Barclays, JPMorgan Chase & Co., Royal Bank of Canada, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:WEC) was last updated on 4/16/2024 by MarketBeat.com Staff

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