PNM Resources, Inc. (Holding Co.) (PNM) Social Stream
Pnm Resources Inc (PNM) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Pnm Resources Inc.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-23 | 4 | $50 | $49 | $49.666 | $48.13 | 3.19% |
| 2021-12-03 | 3 | $49 | $47 | $48 | $48.13 | -0.27% |
| 2021-12-10 | 5 | $49 | $47 | $48.333 | $48.13 | 0.42% |
| 2022-01-25 | 5 | $50 | $45 | $48.25 | $48.13 | 0.25% |
| 2022-02-04 | 4 | $50 | $45 | $48.5 | $48.13 | 0.77% |
The Trend in the Analyst Price Target
PNM's average price target has moved down $1.43 over the prior 43 weeks.
PNM reports an average of 2.76% for its upside potential over the past 44 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-23 | 4 | 50.0 | 49 | 49.666 | 49.68 | -0.03% |
| 2021-05-15 | 3 | 51.5 | 48 | 49.930 | 49.21 | 1.46% |
| 2021-06-26 | 3 | 51.5 | 48 | 49.930 | 48.42 | 3.12% |
| 2021-09-20 | 8 | 51.5 | 48 | 50.060 | 49.52 | 1.09% |
| 2022-01-25 | 5 | 50.0 | 45 | 48.250 | 44.37 | 8.74% |
PNM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.5 | 2 | 0 | 1 | 1 | 1 | 4 |
The Trend in the Broker Recommendations
Over the past 23 months, PNM's average broker recommendation rating worsened by 0.17.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, Pnm Resources Inc's variance in analysts' estimates is lower than 26.51% of them.
- Pnm Resources Inc's number of analysts covering the stock is greater than 132.73% of Utilities stocks.
- In terms of how Pnm Resources Inc fares relative to stocks in the mid market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 134.04% of that group.
- Pnm Resources Inc's average analyst price target is greater than 333.03% of Utilities stocks.
In the Utilities industry, PAM, OTTR, and ORA are the three stocks most similar to Pnm Resources Inc regarding the price target and analyst recommendation information presented here.
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