PNM Resources (PNM)
(Delayed Data from NYSE)
$38.42 USD
+0.19 (0.50%)
Updated May 7, 2024 04:00 PM ET
After-Market: $38.46 +0.04 (0.10%) 7:58 PM ET
2-Buy of 5 2
B Value F Growth C Momentum D VGM
PNM Resources (PNM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$44.14 | $55.00 | $40.00 | 15.46% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for PNM Resources comes to $44.14. The forecasts range from a low of $40.00 to a high of $55.00. The average price target represents an increase of 15.46% from the last closing price of $38.23.
Analyst Price Targets (7 )
Broker Rating
PNM Resources currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 1.86 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, four are Strong Buy, representing 57.14% of all recommendations. A month ago, Strong Buy represented 57.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.86 | 1.86 | 1.86 | 1.86 | 1.86 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/8/2024 | Sibert Williams Shank | Christopher R Ellinghaus | Strong Buy | Strong Buy |
1/3/2024 | Mizuho SecuritiesUSA | Anthony C Crowdell | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.86 |
ABR (Last week) | 1.86 |
# of Recs in ABR | 7 |
Average Target Price | $44.14 |
LT Growth Rate | 4.60% |
Industry | Utility - Electric Power |
Industry Rank by ABR | 78 of 252 |
Current Quarter EPS Est: | 0.60 |