Dominion Resources Given Average Recommendation of “Hold” by Brokerages (NYSE:D)
Dominion Resources (NYSE:D) has been given an average recommendation of “Hold” by the sixteen analysts that are currently covering the stock, American Banking News.com reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $69.80.
Shares of Dominion Resources (NYSE:D) opened at 69.50 on Thursday. Dominion Resources has a 52-week low of $56.58 and a 52-week high of $73.75. The stock has a 50-day moving average of $69.53 and a 200-day moving average of $69.07. The company has a market cap of $40.422 billion and a P/E ratio of 25.73.
Dominion Resources (NYSE:D) last released its earnings data on Wednesday, April 30th. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.97 by $0.07. During the same quarter last year, the company posted $0.83 earnings per share. Analysts expect that Dominion Resources will post $3.53 EPS for the current fiscal year.
D has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. set a $77.00 price target on shares of Dominion Resources in a research note on Wednesday, July 9th. They now have an “overweight” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Dominion Resources in a research note on Thursday, April 24th. They now have a $70.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Dominion Resources in a research note on Wednesday, April 23rd. They now have a $71.00 price target on the stock.
Dominion Resources, Inc (NYSE:D) is a producer and transporter of energy.
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