KeyBanc analyst Sophie Karp maintained a Buy rating on Xcel Energy Inc (NASDAQ:XEL) on Wednesday, setting a price target of $74, which is approximately 3.42% above the present share price of $71.55.
Karp expects Xcel Energy Inc to post earnings per share (EPS) of $0.54 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Xcel Energy, with an average price target of $68.
The analysts price targets range from a high of $74 to a low of $63.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.95 billion and a net profit of $426 million. The company's market cap is $38.5 billion.
According to TipRanks.com, KeyBanc analyst Sophie Karp is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.7% and a 57.76% success rate.
Xcel Energy Inc. engages in generating, purchasing, transmitting, distributing, and selling electricity. It generates electricity through nuclear, natural gas, coal, hydroelectric, wood/refuse, solar, and wind energy sources. The company sells to residential, commercial, and industrial customers in eight Western and Midwestern states.