J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on Dte Energy Company on Monday, setting a price target of $126, which is approximately 13.01% above the present share price of $111.49.
Tonet expects Dte Energy Company to post earnings per share (EPS) of $0.13 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in DTE Energy (NYSE:DTE), with an average price target of $124.33.
The analysts price targets range from a high of $128 to a low of $120.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $3.72 billion and a net profit of $407 million. The company's market cap is $21.6 billion.
According to TipRanks.com, J.P. Morgan analyst Jeremy Tonet is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 55.87% success rate.
Michigan-based DTE Energy Co. is a diversified energy company, which provides electricity and natural gas sales, distribution and storage services. It operates through the following divisions: Electric, Gas, Gas Storage and Pipelines, and Power and Industrial Projects.