Credit Suisse Keeps Their Hold Rating on CMS Energy (CMS)

Credit Suisse analyst Nicholas Campanella maintained a Hold rating on CMS Energy (CMSResearch Report) yesterday and set a price target of $61.00. The companys shares closed yesterday at $57.05.

According to TipRanks, Campanella is a 3-star analyst with an average return of 4.3% and a 50.00% success rate. Campanella covers the Utilities sector, focusing on stocks such as Portland GE, Consolidated Edison, and Duke Energy.

In addition to Credit Suisse, CMS Energy also received a Hold from RBC Capitals Shelby Tucker in a report issued yesterday. However, on October 28, BMO Capital reiterated a Buy rating on CMS Energy (NYSE: CMS).

See the top stocks recommended by analysts >>

CMS market cap is currently $16.56B and has a P/E ratio of 12.81.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CMS Energy Corp. is a holding company, which engages in business through its subsidiaries. It operates through the following business segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution and sale of natural gas The Enterprises segment engages primarily in domestic independent power production, marketing of independent power production and the development and operation of renewable generation. The company was founded in 1987 and is headquartered in Jackson, MI.

Read More on CMS:

Leave a Reply

Your email address will not be published. Required fields are marked *