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TXNM Energy

TXNMNYSE
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$48.79
0.320.66%
At close: -
$48.79
00.00%
After Hours: Nov 22, 4:00 PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$50.00
Lowest Price Target1
$46.00
Consensus Price Target1
$47.75

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

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.

Analyst Trends and Forecast
3
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Barclays
Scotiabank
Jefferies

1calculated from analyst ratings

Analyst Ratings for TXNM Energy

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for TXNM Energy (TXNM) stock?

A

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.

Q

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

A

The latest analyst rating for TXNM Energy (NYSE:TXNM) was provided by Wells Fargo, and TXNM Energy maintained their overweight rating.

Q

When was the last upgrade for TXNM Energy (TXNM)?

A

There is no last upgrade for TXNM Energy

Q

When was the last downgrade for TXNM Energy (TXNM)?

A

There is no last downgrade for TXNM Energy.

Q

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

A

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.

Q

Is the Analyst Rating TXNM Energy (TXNM) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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