TXNM Energy Inc has a consensus price target of $47.75 based on the ratings of 4 analysts. The high is $50 issued by Jefferies on October 2, 2024. The low is $46 issued by Barclays on October 15, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Barclays, and Scotiabank on October 16, 2024, October 15, 2024, and October 10, 2024, respectively. With an average price target of $47 between Wells Fargo, Barclays, and Scotiabank, there's an implied -3.67% downside 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 Wells Fargo on October 16, 2024. The analyst firm set a price target for $49.00 expecting TXNM to rise to within 12 months (a possible 0.43% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for TXNM Energy (NYSE:TXNM) was provided by Wells Fargo, and TXNM Energy maintained their overweight 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 October 16, 2024 so you should expect the next rating to be made available sometime around October 16, 2025.
While ratings are subjective and will change, the latest TXNM Energy (TXNM) rating was a maintained with a price target of $46.00 to $49.00. The current price TXNM Energy (TXNM) is trading at is $48.79, which is within the analyst’s predicted range.
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