WEC Energy Group Inc (NYSE:WEC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 23, 2016
Zacks Investment Research has upgraded WEC Energy Group Inc (NYSE:WEC) to Hold in a statement released on 9/23/2016.
Boasting a price of $63.10, WEC Energy Group Inc (NYSE:WEC) traded 0.34% higher on the day. With the last stock price close up 3.44% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. WEC Energy Group Inc has recorded a 50-day average of $61.16 and a two hundred day average of $60.93. Volume of trade was down over the average, with 1,011,446 shares of WEC changing hands under the typical 1,825,360
With a total market value of $0, WEC Energy Group Inc has price-earnings ratio of 22.50 with a one year low of $47.98 and a one year high of $66.10 .
A total of 10 equity analysts have released a ratings update on WEC. Four equity analysts rating the company a strong buy, two equity analysts rating the company a buy, eight equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $59.15.
Brief Synopsis About WEC Energy Group Inc (NYSE:WEC)
WEC Energy Group, Inc., formerly Wisconsin Energy Corporation, is a holding company, which has electric and natural gas utility operations. The Company's segments are Wisconsin, Illinois, other states, electric transmission, We Power, and corporate and other. The Company's Wisconsin segment includes the electric and natural gas utility, and non-utility operations of Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas) and Wisconsin Public Service Corporation (WPS), including Wisconsin Electric's electric and WPS's electric and natural gas operations in the state of Michigan. The Company's Illinois segment includes the natural gas utility and non-utility operations of North Shore Gas Company (NSG), and The Peoples Gas Light and Coke Company (PGL). The Company's other states segment includes the natural gas utility and non-utility operations of Minnesota Energy Resources Corporation (MERC) and Michigan Gas Utilities Corporation (MGU).
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