UBS Securities recorded Dte Energy Company (NYSE:DTE), bumping up its stock price target to $112.00 earlier today
- Updated: September 29, 2016
Reporting a potential upside of 0.20%, UBS Securities upped the price target of Dte Energy Company (NYSE:DTE) to $112.00
On 9/28/2016, Zacks Investment Research released a statement about Dte Energy Company (NYSE:DTE) upped the target price from $0.00 to $106.00 that suggested an upside of 0.10%.
Having a price of $93.15, Dte Energy Company (NYSE:DTE) traded -0.24% lower on the day. With the last stock price up 2.06% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DTE has recorded a 50-day average of $94.28 and a two hundred day average of $92.93. Trade Volume was down over the average, with 887,269 shares of DTE changing hands under the typical 1,024,630
Recent Performance Chart
Dte Energy Company has 52 week low of $77.35 and a 52 week high of $100.45 with a P/E ratio of 22.90 and has a market cap of $0.
In addition to UBS Securities reporting its target price, a total of 11 brokers have issued a report on the stock. The consensus target price is $91.45 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Dte Energy Company (NYSE:DTE)
DTE Energy Company (DTE Energy) is a diversified energy company. DTE Energy's utility operations consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). The Company's segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. The Company's Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.2 million residential, commercial and industrial customers in southeastern Michigan. DTE Energy's Gas segment consists principally of DTE Gas, a natural gas utility engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan, and the sale of storage and transportation capacity. DTE Electric owns and operates approximately 680 distribution substations.
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