Dominion Resources Sets New 52-Week High at $72.29 (D)
Dominion Resources (NYSE:D) hit a new 52-week high during mid-day trading on Friday , American Banking & Market News reports. The stock traded as high as $72.29 and last traded at $72.11, with a volume of 799,675 shares. The stock had previously closed at $71.52.
A number of analysts have recently weighed in on D shares. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Dominion Resources in a research note on Thursday. They now have a $70.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Dominion Resources in a research note on Wednesday. They now have a $71.00 price target on the stock. Finally, analysts at Bank of America reiterated a “buy” rating on shares of Dominion Resources in a research note on Thursday, April 3rd. They now have a $75.00 price target on the stock, up previously from $71.00. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $67.00.
The stock’s 50-day moving average is $70.16 and its 200-day moving average is $66.97. The company has a market cap of $42.059 billion and a P/E ratio of 24.40.
Dominion Resources (NYSE:D) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.74 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.89 by $0.15. During the same quarter in the prior year, the company posted $0.69 earnings per share. On average, analysts predict that Dominion Resources will post $3.53 earnings per share for the current fiscal year.
Dominion Resources, Inc (NYSE:D) is a producer and transporter of energy.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.