NYSE:PNM - PNM Resources Price Target & Analyst Ratings

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$47.30 +0.24 (+0.51 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$47.30
Today's Range$47.07 - $47.92
52-Week Range$34.95 - $47.92
Volume557,006 shs
Average Volume573,077 shs
Market Capitalization$3.77 billion
P/E Ratio23.65
Dividend Yield2.46%

Analyst Ratings

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

  (How are Consensus Ratings Calculated?)
6 Wall Street analysts have issued ratings and price targets for PNM Resources in the last 12 months. Their average twelve-month price target is $41.50, suggesting that the stock has a possible downside of 12.26%. The high price target for PNM is $45.00 and the low price target for PNM is $37.00. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldSellHoldHold
Consensus Rating Score: 1.501.401.571.50
Ratings Breakdown: 3 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
4 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $41.50$38.90$38.4286$37.5625
Price Target Upside: 12.26% downside6.29% downside13.18% downside1.15% downside

PNM Resources (NYSE:PNM) Consensus Price Target History

Price Target History for PNM Resources (NYSE:PNM)

PNM Resources (NYSE:PNM) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/18/2019Williams CapitalReiterated RatingSellLowView Rating Details
3/8/2019MizuhoUpgradeUnderperform ➝ Neutral$42.50 ➝ $43.50HighView Rating Details
2/28/2019Wells Fargo & CoSet Price TargetHold$45.00HighView Rating Details
2/28/2019Bank of AmericaReiterated RatingUnderperform ➝ Underperform$40.00 ➝ $43.00LowView Rating Details
11/19/2018BarclaysBoost Price TargetUnderweight ➝ Sell$38.00 ➝ $39.00LowView Rating Details
4/2/2018SunTrust BanksReiterated RatingHold$37.00LowView Rating Details
2/2/2018UBS GroupInitiated CoverageSell$36.00LowView Rating Details
2/1/2018Royal Bank of CanadaReiterated RatingHold$40.00LowView Rating Details
9/26/2017Evercore ISIDowngradeIn-Line ➝ Underperform$37.50LowView Rating Details
9/1/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/31/2017Jefferies Financial GroupReiterated RatingHold$43.00LowView Rating Details
8/18/2017LADENBURG THALM/SH SHDowngradeBuy ➝ Neutral$41.00LowView Rating Details
8/11/2017ArgusReiterated RatingBuy$43.00 ➝ $41.40LowView Rating Details
(Data available from 3/23/2017 forward)
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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