PNM RESOURCES INC (PNM) Stock Analyst Ratings
USA - NYSE:PNM - US69349H1077 - Common Stock
41.77 USD
-0.44 (-1.04%)
41.77 USD
0 (0%)
ChartMill assigns a Buy % Consensus number of 77% to PNM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 45.61. This target is 9.19% above the current price.
PNM was analyzed by 12 analysts. The buy percentage consensus is at 77. 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 12 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-08-01 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-07-22 | Barclays | Maintains | Overweight -> Overweight |
| 2024-05-30 | Evercore ISI Group | Reiterate | In-Line |
| 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 |
PNM RESOURCES INC / PNM FAQ
Can you provide the average price target for PNM RESOURCES INC stock?
12 analysts have analysed PNM and the average price target is 45.61 USD. This implies a price increase of 9.19% is expected in the next year compared to the current price of 41.77.
What is the consensus rating for PNM stock?
The consensus rating for PNM RESOURCES INC (PNM) is 76.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.
How many analysts cover PNM RESOURCES INC (PNM) stock?
The number of analysts covering PNM RESOURCES INC (PNM) is 12.