Positive Report for CMS Energy from Hilliard Lyons

By Jason Carr

Hilliard Lyons analyst John M. Roberts upgraded CMS Energy (NYSE: CMS) to Buy today. The company’s shares opened today at $42.87.

According to TipRanks.com, Roberts is ranked #2182 out of 4753 analysts.

Currently, the analyst consensus on CMS Energy is Moderate Buy and the average price target is $49.42, representing a 15.3% upside.

In a report released today, Wells Fargo also reiterated a Buy rating on the stock with a $50 price target.

CMS Energy’s market cap is currently $12.08B and has a P/E ratio of 22.23. The company has a book value ratio of 2.6639.

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CMS Energy Corp. is a holding company, which engages in business through its subsidiaries. It operates through the following segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity.