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WEC Energy Group

WECNYSE
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$96.14
0.90.94%
Pre-Market: 4:33 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$104.00
Lowest Price Target1
$80.00
Consensus Price Target1
$92.29

WEC Energy Group (NYSE:WEC) Stock, Analyst Ratings, Price Targets, Forecasts

WEC Energy Group Inc has a consensus price target of $92.29 based on the ratings of 17 analysts. The high is $104 issued by Wolfe Research on May 3, 2022. The low is $80 issued by UBS on October 4, 2023. The 3 most-recent analyst ratings were released by Keybanc, B of A Securities, and BMO Capital on September 16, 2024, August 29, 2024, and August 23, 2024, respectively. With an average price target of $93.67 between Keybanc, B of A Securities, and BMO Capital, there's an implied -2.57% downside for WEC Energy Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Apr
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May
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Jul
2
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2
Aug
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Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
B of A Securities
BMO Capital
Wells Fargo
Scotiabank

1calculated from analyst ratings

Analyst Ratings for WEC Energy Group

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FAQ

Q

What is the target price for WEC Energy Group (WEC) stock?

A

The latest price target for WEC Energy Group (NYSE:WEC) was reported by Keybanc on September 16, 2024. The analyst firm set a price target for $98.00 expecting WEC to rise to within 12 months (a possible 2.90% upside). 31 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for WEC Energy Group (WEC)?

A

The latest analyst rating for WEC Energy Group (NYSE:WEC) was provided by Keybanc, and WEC Energy Group maintained their overweight rating.

Q

When was the last upgrade for WEC Energy Group (WEC)?

A

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.

Q

When was the last downgrade for WEC Energy Group (WEC)?

A

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.

Q

When is the next analyst rating going to be posted or updated for WEC Energy Group (WEC)?

A

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 September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.

Q

Is the Analyst Rating WEC Energy Group (WEC) correct?

A

While ratings are subjective and will change, the latest WEC Energy Group (WEC) rating was a maintained with a price target of $95.00 to $98.00. The current price WEC Energy Group (WEC) is trading at is $95.24, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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