Morgan Stanley, through analyst David Arcaro, has adjusted the price target for Xcel Energy (XEL, Financial), increasing it to $79 from the previous $78. Despite the modest rise, the firm maintains its Equal Weight rating on Xcel Energy shares.
This change is part of a broader update to Morgan Stanley's price targets for companies in the Regulated & Diversified Utilities and Independent Power Producers sectors in North America. The utility sector showed resilience in March, outperforming the S&P 500, which highlights its relative stability during that period.
As the market approaches the first quarter review, analysts anticipate a "quiet quarter" for Xcel Energy without significant financial announcements. Instead, attention might shift towards monitoring tariff risks, which could impact the utility sector's performance in the upcoming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Xcel Energy Inc (XEL, Financial) is $74.44 with a high estimate of $81.00 and a low estimate of $62.10. The average target implies an upside of 3.63% from the current price of $71.83. More detailed estimate data can be found on the Xcel Energy Inc (XEL) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Xcel Energy Inc's (XEL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Xcel Energy Inc (XEL, Financial) in one year is $67.12, suggesting a downside of 6.56% from the current price of $71.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Xcel Energy Inc (XEL) Summary page.
