Alliant Energy Corporation (NYSE:LNT) has coverage initiated with a Sector Perform rating and $44.00 price target

ME Staff
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Analyst Ratings For Alliant Energy Corporation (NYSE:LNT)

Today, Howard Weil initiated coverage on Alliant Energy Corporation (NYSE:LNT) with a Sector Perform with a price target of $44.00.

There are 6 Hold Ratings, no Strong Buy Ratings, no Sell Ratings, no Buy Ratings on the stock.

The current consensus rating on Alliant Energy Corporation (NYSE:LNT) is Hold with a consensus target price of $43.00 per share, a potential 1.94% upside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Sector Perform rating.
  • 2/26/2018-Wells Fargo & Co Reiterated Rating of Market Perform .
  • 2/2/2018-UBS Group initiated coverage with a Neutral rating.
  • 1/3/2018-Guggenheim Reiterated Rating of Hold.
  • 10/24/2017-Bank of America initiated coverage with a Neutral rating.
  • 8/9/2017-Jefferies Financial Group Reiterated Rating of Hold.
  • 6/1/2017-Barclays Reiterated Rating of Equal Weight.

Recent Insider Trading Activity For Alliant Energy Corporation (NYSE:LNT)
Alliant Energy Corporation (NYSE:LNT) has insider ownership of 0.25% and institutional ownership of 72.57%.

  • On 3/15/2018 James H. Gallegos, SVP, sold 5,000 with an average share price of $39.80 per share and the total transaction amounting to $199,000.00.
  • On 9/7/2017 Wayne A. Reschke, Insider, sold 2,000 with an average share price of $42.83 per share and the total transaction amounting to $85,660.00.
  • On 5/23/2017 James H. Gallegos, SVP, sold 5,000 with an average share price of $41.25 per share and the total transaction amounting to $206,250.00.
  • On 5/19/2017 Deborah B Dunie, Director, bought 3,700 with an average share price of $39.61 per share and the total transaction amounting to $146,557.00.
  • On 11/7/2016 Deborah B. Dunie, Director, bought 1,350 with an average share price of $37.24 per share and the total transaction amounting to $50,274.00.
  • On 7/11/2016 James H. Gallegos, SVP, sold 5,000 with an average share price of $40.29 per share and the total transaction amounting to $201,450.00.
  • On 5/10/2016 Deborah B Dunie, Director, bought 1,000 with an average share price of $73.11 per share and the total transaction amounting to $73,110.00.

About Alliant Energy Corporation (NYSE:LNT)
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2017, IPL supplied electricity to 490,000 retail customers and natural gas to 220,000 retail customers; and WPL supplied electricity to 470,000 retail customers and natural gas to 190,000 retail customers. It offers electric utility services to retail customers in the farming, agriculture, industrial manufacturing, chemical, and paper industries. In addition, the company holds investments in various businesses, which provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; and other transfer and storage services. Further, it owns a non-regulated 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a non-regulated 99 MW Franklin County wind farm located in Franklin County, Iowa. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.

Recent Trading Activity for Alliant Energy Corporation (NYSE:LNT)
Shares of Alliant Energy Corporation closed the previous trading session at 42.18 −0.36 0.85% with 42.59 shares trading hands.