Jefferies Keeps a Hold Rating on Xcel Energy

By Carrie Williams

Jefferies analyst Anthony Crowdell reiterated a Hold rating on Xcel Energy (NYSE: XEL) yesterday and set a price target of $50. The company’s shares opened today at $49.55, close to its 52-week high of $49.70.

According to TipRanks.com, Crowdell is a 4-star analyst with an average return of 7.5% and a 75.6% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.

Xcel Energy has an analyst consensus of Hold, with a price target consensus of $48.33.

Xcel Energy’s market cap is currently $25.12B and has a P/E ratio of 21.80. The company has a book value ratio of 2.2587.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.

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Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity and natural gas business through its subsidiaries. It operates through the following segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others.