DTE Energy (NYSE: DTE) received an upgraded rating from the Goldman Sachs Group of “conviction-buy” from an earlier rating of “buy”. They issued the rating report to investors and clients on 13th July, Tuesday.
Stock Commentary On DTE
Several other equities analysts have issued their reports for DTE shares. Evercore ISI increased its target price to $140 from $134 while issuing a rating of “in-line” on 29th April, Thursday. KeyCorp issued a rating of “sector weight” in their report on 27th April, Tuesday. Bank of America reissued a rating of “underperform” while giving an objective price of $131 on 10th May, Monday. Wolfe Research reissued a rating of “peer perform” while increasing their objective price to $139 from $128 on 26th April, Monday. Wells Fargo & Company increased their objective price to $151 from $148 while issuing a rating of “overweight” on 28th April, Wednesday.
To summarise, 1 analyst has issued a rating of “sell”, 7 gave a rating of “hold”, and 6 have rated the stock “buy”. The consensus price target currently stands at $131.50.
On Tuesday, shares of DTE opened with a value of $116. The highest and lowest value of the stock over a period of twelve months currently stands at $121.19 and $89.20 respectively. The moving average currently stands at $133.47. The market capitalization stands at $22.47Bn with a 0.62 beta.
The latest earnings result of the quarter of the shares was posted on 26th April, Monday. An EPS of $2.44 was reported beating the consensus $2.17 estimate. The quarterly revenue was reported to be $3.78Bn. Last year, in the same quarter, an EPS of $1.62 was reported.
HSBC Holdings PLC, Oxler Private Wealth LLC, Swiss National Bank, Inspire Advisors LLC, and APG Asset Management N. V. all increased their share of DTE stocks.
