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A number of firms have modified their ratings and price targets on shares of Wisconsin Energy Corp (NYSE: WEC) recently:

  • Wisconsin Energy Corp was downgraded by analysts at CRT Capital from a “buy” rating to a “fair value” rating. They now have a $48.00 price target on the stock, up previously from $46.00.
  • Wisconsin Energy Corp had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a $47.00 price target on the stock.
  • Wisconsin Energy Corp was downgraded by analysts at Edward Jones from a “hold” rating to a “sell” rating.
  • Wisconsin Energy Corp had its “outperform” rating reaffirmed by analysts at Zacks. They now have a $58.00 price target on the stock. Zacks‘ analyst wrote, “We have maintained our Outperform recommendation on Wisconsin Energy Corporation. The reiteration was primarily driven by the company’s stable liquidity profile, cash generation capacity, addition of new customers and systematic investments on growth projects. In addition, decline in unemployment rate as a result of improvement in Wisconsin’s economy plays a vital role for the company’s growth. Other positives include its effective share repurchase program and increased dividend payment, which are expected to attract investor attention on the stock. In fourth-quarter 2013, earnings per share surpassed the Zack Consensus Estimate as well as the year-ago figure primarily due to lower share counts.”
  • Wisconsin Energy Corp had its “hold” rating reaffirmed by analysts at Wunderlich. They now have a $50.00 price target on the stock.

Shares of Wisconsin Energy Corp (NYSE:WEC) opened at 48.95 on Friday. Wisconsin Energy Corp has a 52 week low of $39.04 and a 52 week high of $49.21. The stock’s 50-day moving average is $46.73 and its 200-day moving average is $43.23. The company has a market cap of $11.060 billion and a price-to-earnings ratio of 19.31.

Wisconsin Energy Corporation is a diversified holding company. The Company operates primarily through two segments: a utility energy segment and a non-utility energy segment.

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