TXNM ENERGY INC (TXNM)
(Real Time Quote from BATS)
$40.04 USD
-0.60 (-1.48%)
Updated Aug 12, 2024 12:06 PM ET
2-Buy of 5 2
C Value D Growth D Momentum D VGM
PNM Resources (TXNM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$44.13 | $55.00 | $38.00 | N/A% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for PNM Resources comes to $44.13. The forecasts range from a low of $38.00 to a high of $55.00. The average price target represents a decline of 0% from the last closing price of $0.00.
Analyst Price Targets (8 )
Broker Rating
PNM Resources currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to no recommendation a month ago.
Of the eight recommendations deriving the current ABR, four are Strong Buy, representing 50% of all recommendations. There was no Strong Buy or Buy recommendation a month ago.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | NA | NA | NA | NA |
Buy | 0 | NA | NA | NA | NA |
Hold | 4 | NA | NA | NA | NA |
Sell | 0 | NA | NA | NA | NA |
Strong Sell | 0 | NA | NA | NA | NA |
ABR | 2.00 | NA | NA | NA | NA |
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 |
---|---|---|---|---|
8/1/2024 | Wells Fargo Securities | Jonathan Reeder | Strong Buy | Strong Buy |
7/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/17/2024 | Not Identified | Not Identified | Hold | Hold |
5/30/2024 | Evercore Partners | Michael Lonegan | Not Available | Hold |
4/8/2024 | Sibert Williams Shank | Christopher R Ellinghaus | Strong Buy | Strong Buy |
2/6/2024 | Not Identified | Not Identified | Hold | Hold |
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 | 2.00 |
ABR (Last week) | NA |
# of Recs in ABR | 8 |
Average Target Price | $44.13 |
LT Growth Rate | 2.50% |
Industry | Utility - Electric Power |
Industry Rank by ABR | 88 of 253 |
Current Quarter EPS Est: | 1.41 |