RBC Capital analyst Shelby Tucker maintained a Hold rating on Xcel Energy Inc (NASDAQ:XEL) on Wednesday, setting a price target of $73, which is approximately 12.29% above the present share price of $65.01.
Tucker expects Xcel Energy Inc to post earnings per share (EPS) of $1.15 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Hold rating of shares in Xcel Energy, with an average price target of $72.14.
The analysts price targets range from a high of $82 to a low of $62.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.18 billion and a net profit of $813 million. The company's market cap is $34.93 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 69.41% success rate.
Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity. It operates through the following three segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others. The Regulated Electric Utility segment generates, transmits and distributes electricity primarily in portions of generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. It also includes commodity trading operations. The Regulated Natural Gas Utility segment transports, stores, and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. The All Others segment engages in steam, appliance repair services, nonutility real estate activities, processing solid waste into refuse-derived fuel and investments in rental housing projects that qualify for low-income housing tax credits. The company was founded in 1909 and is headquartered in Minneapolis, MN.