PNM RESOURCES INC (PNM)
US69349H1077 - Common Stock
ChartMill assigns a Buy % Consensus number of 78% to PNM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 44.3. This target is 17.25% above the current price.
PNM was analyzed by 11 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about PNM.
In the previous month the buy percentage consensus was at a similar level.
PNM was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-15 | Barclays | Maintains | Overweight -> Overweight |
| 2024-02-08 | Barclays | Initiate | Overweight |
| 2024-01-03 | Mizuho | Downgrade | Buy -> Neutral |
| 2024-01-03 | Wells Fargo | Upgrade | Equal-Weight -> Overweight |
| 2023-09-26 | Mizuho | Upgrade | Neutral -> Buy |
| 2023-09-18 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-06-22 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-01-09 | Mizuho | Downgrade | Buy -> Neutral |
| 2022-10-20 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2022-09-07 | Mizuho | Maintains | Buy |
| 2022-06-22 | Mizuho | Upgrade | Neutral -> Buy |
| 2022-04-29 | Wells Fargo | Maintains | Overweight |
| 2022-04-27 | Wells Fargo | Maintains | Overweight |
| 2022-02-09 | Mizuho | Maintains | Neutral |
| 2021-12-13 | Wells Fargo | Upgrade | Equal-Weight -> Overweight |
| 2021-12-10 | Barclays | Maintains | Underweight |
| 2021-12-03 | Wells Fargo | Upgrade | Underweight -> Equal-Weight |
| 2021-03-03 | Citigroup | Downgrade | Buy -> Neutral |