Comments
Loading...

WEC Energy Group

WECNYSE
$81.93
0.380.47%
Last update: 10:43 AM
15 minutes delayed
Q2 2024 Earnings in 9 days from now on Wed Jul 31st, before the market open
Consensus Rating1
Neutral
Highest Price Target1
$104.00
Lowest Price Target1
$78.00
Consensus Price Target1
$89.29

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

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

WEC Energy Group Inc has a consensus price target of $89.29 based on the ratings of 17 analysts. The high is $104 issued by Wolfe Research on May 3, 2022. The low is $78 issued by B of A Securities on January 4, 2024. The 3 most-recent analyst ratings were released by BMO Capital, Barclays, and BMO Capital on July 22, 2024, July 22, 2024, and May 2, 2024, respectively. With an average price target of $85.67 between BMO Capital, Barclays, and BMO Capital, there's an implied 4.56% upside for WEC Energy Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
2
Feb
1
1
Apr
1
May
1
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Barclays
Scotiabank
Keybanc
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for WEC Energy Group

Buy NowGet Alert
07/22/2024Buy Now6.19%BMO Capital
James Thalacker
$90 → $87MaintainsMarket PerformGet Alert
07/22/2024Buy Now-2.36%Barclays
Eric Beaumont
$78 → $80MaintainsUnderweightGet Alert
05/02/2024Buy Now9.85%BMO Capital
James Thalacker
$89 → $90MaintainsMarket PerformGet Alert
04/22/2024Buy Now9.85%Scotiabank
Andrew Weisel
$96 → $90MaintainsSector OutperformGet Alert
04/19/2024Buy Now17.17%Keybanc
Sophie Karp
$95 → $96MaintainsOverweightGet Alert
04/10/2024Buy Now7.41%Goldman Sachs
Carly Davenport
→ $88Initiates → NeutralGet Alert
02/08/2024Buy Now-8.46%Barclays
Eric Beaumont
$79 → $75MaintainsUnderweightGet Alert
02/08/2024Buy Now9.85%RBC Capital
Shelby Tucker
$95 → $90MaintainsSector PerformGet Alert
02/02/2024Buy Now11.07%Wells Fargo
Neil Kalton
$93 → $91MaintainsOverweightGet Alert
02/02/2024Buy Now2.53%JP Morgan
Jeremy Tonet
$90 → $84DowngradeNeutral → UnderweightGet Alert
01/22/2024Buy Now-3.58%Barclays
Eric Beaumont
$82 → $79MaintainsUnderweightGet Alert
01/04/2024Buy Now-4.8%B of A Securities
Julien Dumoulin-Smith
$84 → $78DowngradeNeutral → UnderperformGet Alert
01/04/2024Buy Now15.95%Keybanc
Sophie Karp
$94 → $95MaintainsOverweightGet Alert
12/18/2023Buy Now4.97%Mizuho
Anthony Crowdell
$88 → $86MaintainsBuyGet Alert
12/05/2023Buy Now0.09%Barclays
Eric Beaumont
$81 → $82MaintainsUnderweightGet Alert
11/30/2023Buy Now13.51%JP Morgan
Jeremy Metz
$91 → $93MaintainsNeutralGet Alert
11/21/2023Buy Now7.41%Mizuho
Anthony Crowdell
$98 → $88MaintainsBuyGet Alert
10/24/2023Buy Now-1.14%Barclays
Eric Beaumont
$83 → $81MaintainsUnderweightGet Alert
10/17/2023Buy Now4.97%B of A Securities
Julien Dumoulin-Smith
$102 → $86DowngradeBuy → NeutralGet Alert
10/05/2023Buy Now14.73%Keybanc
Sophie Karp
$102 → $94MaintainsOverweightGet Alert
10/04/2023Buy Now-2.36%UBS
Ross Fowler
$87 → $80MaintainsNeutralGet Alert
09/27/2023Buy Now15.95%RBC Capital
Shelby Tucker
→ $95Initiates → Sector PerformGet Alert
09/11/2023Buy Now3.75%Ladenburg Thalmann
Paul Fremont
→ $85Initiates → NeutralGet Alert
08/23/2023Buy Now1.31%Barclays
Eric Beaumont
→ $83Initiates → UnderweightGet Alert
08/16/2023Buy Now20.83%JP Morgan
Jeremy Metz
$98 → $99MaintainsNeutralGet Alert
08/02/2023Buy Now15.95%BMO Capital
James Thalacker
$98 → $95MaintainsMarket PerformGet Alert
08/02/2023Buy Now26.94%Wells Fargo
Neil Kalton
$106 → $104MaintainsOverweightGet Alert
07/19/2023Buy Now24.5%Keybanc
Sophie Karp
$103 → $102MaintainsOverweightGet Alert
07/14/2023Buy Now17.17%BMO Capital
James Thalacker
$100 → $96MaintainsMarket PerformGet Alert
07/07/2023Buy Now14.73%Guggenheim
Shahriar Pourreza
$99 → $94MaintainsNeutralGet Alert
06/30/2023Buy Now19.61%Mizuho
Anthony Crowdell
→ $98ReiteratesBuy → BuyGet Alert
05/22/2023Buy Now20.83%UBS
Ross Fowler
$104 → $99MaintainsNeutralGet Alert
05/18/2023Buy Now19.61%Mizuho
Anthony Crowdell
→ $98UpgradeNeutral → BuyGet Alert
05/03/2023Buy Now25.72%B of A Securities
Julien Dumoulin-Smith
$106 → $103MaintainsBuyGet Alert
04/19/2023Buy Now28.16%JP Morgan
Jeremy Metz
$99 → $105MaintainsNeutralGet Alert
02/03/2023Buy Now29.38%Wells Fargo
Neil Kalton
$109 → $106MaintainsOverweightGet Alert
01/24/2023Buy Now25.72%B of A Securities
Julien Dumoulin-Smith
$98 → $103MaintainsBuyGet Alert
01/17/2023Buy Now25.72%Keybanc
Sophie Karp
$101 → $103MaintainsOverweightGet Alert
01/09/2023Buy Now20.83%Mizuho
Anthony Crowdell
$85 → $99MaintainsNeutralGet Alert
12/14/2022Buy Now33.04%Wells Fargo
Neil Kalton
$100 → $109MaintainsOverweightGet Alert
12/05/2022Buy Now22.06%BMO Capital
James Thalacker
$93 → $100MaintainsMarket PerformGet Alert
11/25/2022Buy Now23.28%Keybanc
Sophie Karp
$94 → $101MaintainsOverweightGet Alert
11/18/2022Buy Now25.72%UBS
Ross Fowler
$99 → $103MaintainsNeutralGet Alert
11/03/2022Buy Now13.51%Credit Suisse
Nicholas Campanella
$89 → $93MaintainsUnderperformGet Alert
10/20/2022Buy Now12.29%UBS
Ross Fowler
$110 → $92MaintainsNeutralGet Alert
10/20/2022Buy Now14.73%Keybanc
Sophie Karp
MaintainsOverweightGet Alert
10/19/2022Buy Now22.06%Wells Fargo
Neil Kalton
$114 → $100MaintainsOverweightGet Alert
10/17/2022Buy Now3.75%Mizuho
Anthony Crowdell
$93 → $85MaintainsNeutralGet Alert
10/04/2022Buy Now13.51%BMO Capital
James Thalacker
$105 → $93MaintainsMarket PerformGet Alert
08/03/2022Buy Now28.16%BMO Capital
James Thalacker
→ $105MaintainsEqual-WeightGet Alert
08/03/2022Buy Now39.14%Wells Fargo
Neil Kalton
$111 → $114MaintainsOverweightGet Alert
07/20/2022Buy Now19.61%Credit Suisse
Nicholas Campanella
$108 → $98DowngradeNeutral → UnderperformGet Alert
07/18/2022Buy Now26.94%Barclays
Eric Beaumont
$108 → $104MaintainsEqual-WeightGet Alert
06/27/2022Buy Now26.94%Keybanc
Sophie Karp
→ $104UpgradeSector Weight → OverweightGet Alert
06/17/2022Buy Now13.51%Mizuho
Anthony Crowdell
$107 → $93MaintainsNeutralGet Alert
06/15/2022Buy Now31.82%Barclays
Eric Beaumont
$107 → $108MaintainsEqual-WeightGet Alert
06/08/2022Buy Now30.6%Mizuho
Anthony Crowdell
$99 → $107MaintainsNeutralGet Alert
05/13/2022Buy Now33.04%B of A Securities
Julien Dumoulin-Smith
→ $109UpgradeNeutral → BuyGet Alert
05/03/2022Buy Now26.94%Wolfe Research
Steve Fleishman
$107 → $104MaintainsPeer PerformGet Alert
05/03/2022Buy Now29.38%UBS
Ross Fowler
$98 → $106MaintainsNeutralGet Alert
05/03/2022Buy Now35.48%BMO Capital
James Thalacker
→ $111MaintainsEqual-WeightGet Alert
05/03/2022Buy Now35.48%Wells Fargo
Neil Kalton
$106 → $111MaintainsOverweightGet Alert
04/26/2022Buy Now31.82%Credit Suisse
Nicholas Campanella
→ $108Initiates → NeutralGet Alert
04/20/2022Buy Now30.6%Barclays
Eric Beaumont
$99 → $107MaintainsEqual-WeightGet Alert
02/04/2022Buy Now19.61%Wolfe Research
Steve Fleishman
$100 → $98MaintainsPeer PerformGet Alert
02/04/2022Buy Now29.38%Wells Fargo
Neil Kalton
$105 → $106MaintainsOverweightGet Alert
02/04/2022Buy Now19.61%BMO Capital
James Thalacker
→ $98MaintainsEqual-WeightGet Alert
01/13/2022Buy Now20.83%Goldman Sachs
Michael Lapides
→ $99UpgradeSell → NeutralGet Alert
01/10/2022Buy Now20.83%Mizuho
Anthony Crowdell
$95 → $99MaintainsNeutralGet Alert
12/04/2021Buy Now20.83%Barclays
Eric Beaumont
→ $99MaintainsEqual-WeightGet Alert
11/30/2021Buy NowBMO Capital
James Thalacker
Initiates → Market PerformGet Alert
11/03/2021Buy Now28.16%Wells Fargo
Neil Kalton
MaintainsOverweightGet Alert
11/03/2021Buy Now33.04%Scotiabank
Andrew Weisel
UpgradeSector Perform → Sector OutperformGet Alert
10/19/2021Buy NowWolfe Research
Steve Fleishman
UpgradeUnderperform → Peer PerformGet Alert
10/15/2021Buy Now14.73%B of A Securities
Julien Dumoulin-Smith
UpgradeUnderperform → NeutralGet Alert
08/26/2021Buy Now15.95%Mizuho
Anthony Crowdell
$94 → $95MaintainsNeutralGet Alert

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 BMO Capital on July 22, 2024. The analyst firm set a price target for $87.00 expecting WEC to rise to within 12 months (a possible 6.19% upside). 27 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 BMO Capital, and WEC Energy Group maintained their market perform 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 July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 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 $90.00 to $87.00. The current price WEC Energy Group (WEC) is trading at is $81.93, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch