A statement released earlier today by Citigroup about Dominion Resources Inc. (NYSE:D) bumps down the target price to $74.00
- Updated: October 4, 2016
Citigroup bumped down the target of Dominion Resources Inc. (NYSE:D) to $74.00 stating a potential upside of 0.03%.
On Monday September 26, 2016, Barclays released a statement on Dominion Resources Inc. (NYSE:D) bumped up the target price from $80.00 to $84.00 that suggested an upside of 0.09%.
Boasting a price of $71.97, Dominion Resources Inc. (NYSE:D) traded -1.95% lower on the day. With the last close down -3.34% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Dominion Resources Inc. has recorded a 50-day average of $75.27 and a two hundred day average of $74.33. Volume of trade was down over the average, with 1,740,132 shares of D changing hands under the typical 2,673,410
With a total market value of $0, Dominion Resources Inc. has price-earnings ratio of 22.40 with a one year low of $64.54 and a one year high of $78.97 .
A total of 15 analysts have released a research note on D. Four analysts rating the company a strong buy, five analysts rating the company a buy, twelve analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $78.20.
More About Dominion Resources Inc. (NYSE:D)
Dominion Resources, Inc. (Dominion) is a holding company. The Company is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. The Company's portfolio of assets includes approximately 24,300 megawatt (MW) of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering and storage pipeline, and 22,000 miles of gas distribution pipeline, exclusive of service lines. The Company also operates underground natural gas storage systems, with approximately 933 billion cubic feet (bcf) of storage capacity. Dominion's operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas.
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