$82.63
0[0.00%]
At close: Apr 24
$82.63
0[0.00%]
After Hours: 4:20PM EDT
WEC Energy Group
(NYSE:WEC)WEC Energy Group Stock (NYSE:WEC), Analyst Ratings, Price Targets, Predictions
WEC Energy Group Inc has a consensus price target of $89.47, established from looking at the 75 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, Keybanc, and Goldman Sachs on April 22, 2024, April 19, 2024, and April 10, 2024. With an average price target of $91.33 between Scotiabank, Keybanc, and Goldman Sachs, there's an implied 10.53% upside for WEC Energy Group Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
Keybanc
Goldman Sachs
Barclays
RBC Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for WEC Energy Group
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 8.92% | Scotiabank | Andrew Weisel | $96 → $90 | Maintains | Sector Outperform | Get Alert |
| 04/19/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 16.18% | Keybanc | Sophie Karp | $95 → $96 | Maintains | Overweight | Get Alert |
| 04/10/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 6.5% | Goldman Sachs | Carly Davenport | → $88 | Initiates | → Neutral | Get Alert |
| 02/08/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | -9.23% | Barclays | Eric Beaumont | $79 → $75 | Maintains | Underweight | Get Alert |
| 02/08/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 8.92% | RBC Capital | Shelby Tucker | $95 → $90 | Maintains | Sector Perform | Get Alert |
| 02/02/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 10.13% | Wells Fargo | Neil Kalton | $93 → $91 | Maintains | Overweight | Get Alert |
| 02/02/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 1.66% | JP Morgan | Jeremy Tonet | $90 → $84 | Downgrade | Neutral → Underweight | Get Alert |
| 01/22/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | -4.39% | Barclays | Eric Beaumont | $82 → $79 | Maintains | Underweight | Get Alert |
| 01/04/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | -5.6% | B of A Securities | Julien Dumoulin-Smith | $84 → $78 | Downgrade | Neutral → Underperform | Get Alert |
| 01/04/2024 | WEC | Buy Now | WEC Energy Group | $82.63 | 14.97% | Keybanc | Sophie Karp | $94 → $95 | Maintains | Overweight | Get Alert |
| 12/18/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 4.08% | Mizuho | Anthony Crowdell | $88 → $86 | Maintains | Buy | Get Alert |
| 12/05/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | -0.76% | Barclays | Eric Beaumont | $81 → $82 | Maintains | Underweight | Get Alert |
| 11/30/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 12.55% | JP Morgan | Jeremy Metz | $91 → $93 | Maintains | Neutral | Get Alert |
| 11/21/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 6.5% | Mizuho | Anthony Crowdell | $98 → $88 | Maintains | Buy | Get Alert |
| 10/24/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | -1.97% | Barclays | Eric Beaumont | $83 → $81 | Maintains | Underweight | Get Alert |
| 10/17/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 4.08% | B of A Securities | Julien Dumoulin-Smith | $102 → $86 | Downgrade | Buy → Neutral | Get Alert |
| 10/05/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 13.76% | Keybanc | Sophie Karp | $102 → $94 | Maintains | Overweight | Get Alert |
| 10/04/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | -3.18% | UBS | Ross Fowler | $87 → $80 | Maintains | Neutral | Get Alert |
| 09/27/2023 | WEC | Buy Now | WEC Energy Group | $82.63 | 14.97% | RBC Capital | Shelby Tucker | → $95 | Initiates | → Sector Perform | Get Alert |
FAQ
What is the target price for WEC Energy Group (WEC)?
The latest price target for WEC Energy Group (NYSE: WEC) was reported by Scotiabank on April 22, 2024. The analyst firm set a price target for $90.00 expecting WEC to rise to within 12 months (a possible 8.92% upside). 31 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for WEC Energy Group (WEC)?
The latest analyst rating for WEC Energy Group (NYSE: WEC) was provided by Scotiabank, and WEC Energy Group maintained their sector outperform rating.
When was the last upgrade for WEC Energy Group (WEC)?
The last upgrade for WEC Energy Group Inc happened on May 18, 2023 when Mizuho raised their price target to $98. Mizuho previously had a neutral for WEC Energy Group Inc.
When was the last downgrade for WEC Energy Group (WEC)?
The last downgrade for WEC Energy Group Inc happened on February 2, 2024 when JP Morgan changed their price target from $90 to $84 for WEC Energy Group Inc.
When is the next analyst rating going to be posted or updated for WEC Energy Group (WEC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of WEC Energy Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for WEC Energy Group was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
Is the Analyst Rating WEC Energy Group (WEC) correct?
While ratings are subjective and will change, the latest WEC Energy Group (WEC) rating was a maintained with a price target of $96.00 to $90.00. The current price WEC Energy Group (WEC) is trading at is $82.63, which is out of the analyst’s predicted range.
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