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Integrys Energy Group (NYSE:TEG) was downgraded by research analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a report released on Tuesday, TheFlyOnTheWall.com reports. They currently have a $68.00 price objective on the stock, up from their previous price objective of $64.00. Robert W. Baird’s target price would indicate a potential downside of 0.51% from the company’s previous close.

A number of other analysts have also recently weighed in on TEG. Analysts at Edward Jones upgraded shares of Integrys Energy Group from a “sell” rating to a “hold” rating in a research note on Monday. Analysts at Zacks reiterated a “neutral” rating on shares of Integrys Energy Group in a research note on Friday, May 2nd. They now have a $64.00 price target on the stock.

Shares of Integrys Energy Group (NYSE:TEG) traded up 0.91% on Tuesday, hitting $68.97. 1,050,188 shares of the company’s stock traded hands. Integrys Energy Group has a one year low of $52.08 and a one year high of $70.61. The stock has a 50-day moving average of $58. and a 200-day moving average of $56.89. The company has a market cap of $5.485 billion and a P/E ratio of 17.39.

Integrys Energy Group (NYSE:TEG) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by $0.06. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $1.76 earnings per share. The company’s revenue for the quarter was up 74.3% on a year-over-year basis. Analysts expect that Integrys Energy Group will post $3.58 EPS for the current fiscal year.

Integrys Energy Group, Inc is a diversified energy holding company. The Company’s wholly owned subsidiaries provide products and services in both the regulated and nonregulated energy markets.

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