Pinnacle West Capital Corp has a consensus price target of $65.58, established from looking at the 96 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Citigroup, and Barclays on May 3, 2024, April 29, 2024, and April 15, 2024. With an average price target of $77 between Wells Fargo, Citigroup, and Barclays, there's an implied 0.48% upside for Pinnacle West Capital Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|
The latest price target for Pinnacle West Capital (NYSE: PNW) was reported by Wells Fargo on May 3, 2024. The analyst firm set a price target for $77.00 expecting PNW to rise to within 12 months (a possible 0.48% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Pinnacle West Capital (NYSE: PNW) was provided by Wells Fargo, and Pinnacle West Capital maintained their equal-weight rating.
The last upgrade for Pinnacle West Capital Corp happened on March 18, 2024 when B of A Securities raised their price target to $80. B of A Securities previously had a neutral for Pinnacle West Capital Corp.
The last downgrade for Pinnacle West Capital Corp happened on March 11, 2022 when Evercore ISI Group changed their price target from N/A to $68 for Pinnacle West Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pinnacle West Capital, 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 Pinnacle West Capital was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $74.00 to $77.00. The current price Pinnacle West Capital (PNW) is trading at is $76.63, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.