DTE Energy PT Raised to $78.00 (DTE)
Stock analysts at UBS AG hoisted their price target on shares of DTE Energy (NYSE:DTE) to $78.00 in a report issued on Monday, AnalystRatings.NET reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price target would suggest a potential downside of 0.01% from the stock’s previous close.
A number of other firms have also recently commented on DTE. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of DTE Energy in a research note on Thursday. They now have a $86.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of DTE Energy in a research note on Wednesday, April 23rd. They now have a $78.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of DTE Energy in a research note on Friday, April 4th. They now have a $78.00 price target on the stock. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. DTE Energy presently has a consensus rating of “Hold” and an average target price of $70.00.
DTE Energy (NYSE:DTE) traded down 0.47% during mid-day trading on Monday, hitting $78.01. 1,237,471 shares of the company’s stock traded hands. DTE Energy has a 52 week low of $63.38 and a 52 week high of $78.70. The stock’s 50-day moving average is $73.79 and its 200-day moving average is $69.3. The company has a market cap of $13.814 billion and a P/E ratio of 20.85.
DTE Energy (NYSE:DTE) last issued its quarterly earnings data on Friday, April 25th. The company reported $1.87 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.41 by $0.46. The company had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the prior year, the company posted $1.34 earnings per share. The company’s quarterly revenue was up 56.2% on a year-over-year basis. Analysts expect that DTE Energy will post $4.34 EPS for the current fiscal year.
DTE Energy Company (NYSE:DTE) , is a diversified energy company.
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