TXNM Energy Inc has a consensus price target of $52 based on the ratings of 5 analysts. The high is $53 issued by Citigroup on December 12, 2024. The low is $50 issued by Jefferies on October 2, 2024. The 3 most-recent analyst ratings were released by Citigroup, Scotiabank, and Barclays on December 12, 2024, December 12, 2024, and November 29, 2024, respectively. With an average price target of $52.33 between Citigroup, Scotiabank, and Barclays, there's an implied 6.82% upside for TXNM Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TXNM Energy (NYSE:TXNM) was reported by Citigroup on December 12, 2024. The analyst firm set a price target for $53.00 expecting TXNM to rise to within 12 months (a possible 8.19% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for TXNM Energy (NYSE:TXNM) was provided by Citigroup, and TXNM Energy maintained their neutral rating.
There is no last upgrade for TXNM Energy
There is no last downgrade for TXNM Energy.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TXNM Energy, 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 TXNM Energy was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest TXNM Energy (TXNM) rating was a maintained with a price target of $45.00 to $53.00. The current price TXNM Energy (TXNM) is trading at is $48.99, which is within the analyst’s predicted range.
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