WEC Energy Group
(NYSE:WEC)
$81.18
0[0.00%]
At close: Mar 28
$81.18
0[0.00%]
PreMarket: 8:12AM EDT
Consensus Rating1
Neutral
Highest Price Target1
$109.00
Lowest Price Target1
$75.00
Consensus Price Target1
$90.69

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

WEC Energy Group Inc has a consensus price target of $90.69, established from looking at the 74 latest analyst ratings. The last 3 analyst ratings were released from Barclays, RBC Capital, and Wells Fargo on February 8, 2024, February 8, 2024, and February 2, 2024. With an average price target of $85.33 between Barclays, RBC Capital, and Wells Fargo, there's an implied 5.12% upside for WEC Energy Group Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
2
1
Nov 23
1
1
Dec 23
1
1
Jan
1
2
Feb
1
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
RBC Capital
Wells Fargo
JP Morgan
B of A Securities

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
02/08/2024WECBuy Now
WEC Energy Group
$81.18-7.61%Barclays
Eric Beaumont
$79 → $75MaintainsUnderweightGet Alert
02/08/2024WECBuy Now
WEC Energy Group
$81.1810.86%RBC Capital
Shelby Tucker
$95 → $90MaintainsSector PerformGet Alert
02/02/2024WECBuy Now
WEC Energy Group
$81.1812.1%Wells Fargo
Neil Kalton
$93 → $91MaintainsOverweightGet Alert
02/02/2024WECBuy Now
WEC Energy Group
$81.183.47%JP Morgan
Jeremy Tonet
$90 → $84DowngradeNeutral → UnderweightGet Alert
01/22/2024WECBuy Now
WEC Energy Group
$81.18-2.69%Barclays
Eric Beaumont
$82 → $79MaintainsUnderweightGet Alert
01/04/2024WECBuy Now
WEC Energy Group
$81.18-3.92%B of A Securities
Julien Dumoulin-Smith
$84 → $78DowngradeNeutral → UnderperformGet Alert
01/04/2024WECBuy Now
WEC Energy Group
$81.1817.02%Keybanc
Sophie Karp
$94 → $95MaintainsOverweightGet Alert
12/18/2023WECBuy Now
WEC Energy Group
$81.185.94%Mizuho
Anthony Crowdell
$88 → $86MaintainsBuyGet Alert
12/05/2023WECBuy Now
WEC Energy Group
$81.181.01%Barclays
Eric Beaumont
$81 → $82MaintainsUnderweightGet Alert
11/30/2023WECBuy Now
WEC Energy Group
$81.1814.56%JP Morgan
Jeremy Metz
$91 → $93MaintainsNeutralGet Alert
11/21/2023WECBuy Now
WEC Energy Group
$81.188.4%Mizuho
Anthony Crowdell
$98 → $88MaintainsBuyGet Alert
10/24/2023WECBuy Now
WEC Energy Group
$81.18-0.22%Barclays
Eric Beaumont
$83 → $81MaintainsUnderweightGet Alert
10/17/2023WECBuy Now
WEC Energy Group
$81.185.94%B of A Securities
Julien Dumoulin-Smith
$102 → $86DowngradeBuy → NeutralGet Alert
10/05/2023WECBuy Now
WEC Energy Group
$81.1815.79%Keybanc
Sophie Karp
$102 → $94MaintainsOverweightGet Alert
10/04/2023WECBuy Now
WEC Energy Group
$81.18-1.45%UBS
Ross Fowler
$87 → $80MaintainsNeutralGet Alert
09/27/2023WECBuy Now
WEC Energy Group
$81.1817.02%RBC Capital
Shelby Tucker
→ $95Initiates → Sector PerformGet Alert
09/11/2023WECBuy Now
WEC Energy Group
$81.184.71%Ladenburg Thalmann
Paul Fremont
→ $85Initiates → NeutralGet Alert
08/23/2023WECBuy Now
WEC Energy Group
$81.182.24%Barclays
Eric Beaumont
→ $83Initiates → UnderweightGet Alert
08/16/2023WECBuy Now
WEC Energy Group
$81.1821.95%JP Morgan
Jeremy Metz
$98 → $99MaintainsNeutralGet Alert

FAQ

Q

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

A

The latest price target for WEC Energy Group (NYSE: WEC) was reported by Barclays on February 8, 2024. The analyst firm set a price target for $75.00 expecting WEC to fall to within 12 months (a possible -7.61% downside). 29 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 Barclays, and WEC Energy Group maintained their underweight 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 February 8, 2024 so you should expect the next rating to be made available sometime around February 8, 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 $79.00 to $75.00. The current price WEC Energy Group (WEC) is trading at is $81.18, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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