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PNM Resources Price Target & Analyst Ratings (NYSE:PNM)

$51.38
+0.19 (+0.37 %)
(As of 01/20/2020 06:07 AM ET)
Today's Range
$50.89
Now: $51.38
$51.50
50-Day Range
$48.06
MA: $49.89
$51.55
52-Week Range
$41.14
Now: $51.38
$52.98
Volume453,334 shs
Average Volume600,415 shs
Market Capitalization$4.09 billion
P/E RatioN/A
Dividend Yield2.27%
Beta0.16

Analyst Ratings

PNM Resources (NYSE:PNM) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
7 Wall Street analysts have issued ratings and price targets for PNM Resources in the last 12 months. Their average twelve-month price target is $53.00, suggesting that the stock has a possible upside of 3.15%. The high price target for PNM is $56.00 and the low price target for PNM is $50.00. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.142.142.001.83
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $53.00$52.83$52.33$50.43
Price Target Upside: 3.15% upside2.49% upside0.36% downside1.18% upside

PNM Resources (NYSE:PNM) Consensus Price Target History

Average Share Price and Price Target 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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PNM Resources (NYSE:PNM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/13/2020MizuhoBoost Price TargetBuy$54.00 ➝ $55.00Low
12/19/2019Wells Fargo & CoBoost Price TargetEqual Weight$53.00 ➝ $54.00Low
12/19/2019UBS GroupLower Price TargetNeutral$53.00 ➝ $52.00Low
11/21/2019BarclaysUpgradeUnderweight ➝ Equal Weight$52.00 ➝ $51.00Low
9/30/2019SunTrust BanksBoost Price TargetHold$49.00 ➝ $50.00Medium
9/30/2019Bank of AmericaUpgradeNeutral ➝ Buy$56.00Medium
3/18/2019Williams CapitalReiterated RatingSellLow
2/1/2018Royal Bank of CanadaReiterated RatingHold$40.00Low
(Data available from 1/20/2018 forward)
This page was last updated on 1/20/2020 by MarketBeat.com Staff

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