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WEC Energy Group Inc has a consensus price target of $93.72 based on the ratings of 18 analysts. The high is $108 issued by Keybanc on October 22, 2024. The low is $80 issued by UBS on October 4, 2023. The 3 most-recent analyst ratings were released by Keybanc, Wells Fargo, and Barclays on October 22, 2024, October 16, 2024, and October 8, 2024, respectively. With an average price target of $101 between Keybanc, Wells Fargo, and Barclays, there's an implied 1.61% upside for WEC Energy Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for WEC Energy Group (NYSE:WEC) was reported by Keybanc on October 22, 2024. The analyst firm set a price target for $108.00 expecting WEC to rise to within 12 months (a possible 8.65% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for WEC Energy Group (NYSE:WEC) was provided by Keybanc, and WEC Energy Group maintained their overweight rating.
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.
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.
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 October 22, 2024 so you should expect the next rating to be made available sometime around October 22, 2025.
While ratings are subjective and will change, the latest WEC Energy Group (WEC) rating was a maintained with a price target of $103.00 to $108.00. The current price WEC Energy Group (WEC) is trading at is $99.40, which is out of the analyst’s predicted range.
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