InvestorsObserver is giving Xcel Energy Inc (XEL) an Analyst Rating Rank of 26, meaning XEL is ranked higher by analysts than 26% of stocks. The average price target for XEL is $63.636 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating XEL a Buy today. Find out what this means to you and get the rest of the rankings on XEL!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Xcel Energy Inc Stock Today?
Xcel Energy Inc (XEL) stock is trading at $60.52 as of 1:05 PM on Friday, Nov 24, a rise of $0.09, or 0.15% from the previous closing price of $60.43. Volume today is light. So far 1,357,714 shares have traded compared to average volume of 3,966,824 shares. The stock has traded between $60.04 and $60.59 so far today.
Click Here to get the full Stock Report for Xcel Energy Inc stock.
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