The shares of WEC Energy Group, Inc. (NYSE:WEC) has been pegged with a rating of Neutral by BofA/Merrill in its latest research note that was published on November 1st, 2018. BofA/Merrill wasn’t the only research firm that published a report of WEC Energy Group, Inc., with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on October 3rd, 2018, to Neutral the WEC stock while also putting a $66 price target. The stock had earned Sector Outperform rating from Scotia Howard Weil when it published its report on September 4th, 2018. That day the Scotia Howard Weil set price target on the stock to $72. The stock was given Neutral rating by Goldman in its report released on July 20th, 2018. BofA/Merrill was of a view that WEC is Buy in its latest report on May 23rd, 2018. Citigroup thinks that WEC is worth Neutral rating. This was contained in the firm’s report on April 13th, 2018 in which the stock’s price target was also moved to $61.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $74.33. The price of the stock the last time has raised by 32.47% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 49.84.
The shares of the company dipped by -0.56% during the trading session on Thursday, reaching a low of $76.57 while ending the day at $77.47. During the trading session, a total of 1.98 million shares were traded which represents a -10.67% decline from the average session volume which is 1.79M shares. WEC had ended its last session trading at 77.91. WEC Energy Group, Inc. currently has a market cap of $24.44B, while its P/E ratio stands at 23.17, while its P/E earnings growth sits at 3.18, with a beta of 0.15. WEC Energy Group, Inc. debt-to-equity ratio currently stands at 1.21, while its quick ratio hovers at 0.50. WEC 52-week low price stands at $58.48 while its 52-week high price is $80.05.
The company in its last quarterly report recorded $0.65 earnings per share which is above the $0.63 predicted by most analysts. The WEC Energy Group, Inc. generated $2,076.80 million in revenue during the last quarter, which is slightly higher than the $1,972.31 million predicted by analysts. In the second quarter last year, the firm recorded $0.74 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -13.85%. WEC Energy Group, Inc. has the potential to record 3.34 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on April 4th, 2019 where it informed investors and clients that American Airlines Group Inc. (NASDAQ:AAL) is now rated as Buy. Their price target on the stock stands at $39. Citigroup also rated AAL as Reiterated on October 3rd, 2018, with its price target of $66 suggesting that AAL could surge by 24.6% from its current share price. Even though the stock has been trading at $33.71/share, analysts expect it to surge higher by 0.65% to reach $45.00/share. It started the day trading at $34.12 and traded between $33.35 and $33.93 throughout the trading session.
A look at its technical shows that AAL’s 50-day SMA is 33.93 while its 200-day SMA stands at 35.98. At the moment, only of American Airlines Group Inc. shares were sold short. The company’s average trading volume currently stands at 8.06M shares, which means that the short-interest ratio is just 2.58 days. Over the past seven days, the company moved, with its shift of 9.81%. Looking further, the stock has raised 12.87% over the past 90 days while it lost -11.87% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. PRIMECAP Management Co sold more AAL shares, decreasing its portfolio by -0.06% during the last quarter. This move now sees PRIMECAP Management Co selling -40,000 shares in the last quarter, thus it now holds 68,904,981 shares of AAL, with a total valuation of $2,455,084,473. The Vanguard Group Inc followed the path by increasing its AAL portfolio by +3.38% in the quarter. This means that The Vanguard Group Inc bought 937,807 shares in the last quarter and now controls 28,652,591 shares of the AAL stock, with the valuation hitting $1,020,891,817.
Similarly, BlackRock Fund Advisors increased its American Airlines Group Inc. shares by +2.28% during the recently filed quarter. After buying 420,921 shares in the last quarter, the firm now controls 18,875,148 shares of American Airlines Group Inc. which are valued at $672,521,523. In the same vein, SSgA Funds Management Inc decreased its American Airlines Group Inc. shares by during the most recent reported quarter. The firm sold -211,477 shares during the quarter which decreased its stakes to 14,127,265 shares and is now valued at $503,354,452. Following these latest developments, around 1.10% of American Airlines Group Inc. stocks are owned by institutional investors and hedge funds.