Market Exclusive

CMS Energy Corporation (NYSE:CMS) gets upgraded to Buy by Bank of America with a price target of $60.00

Analyst Ratings For CMS Energy Corporation (NYSE:CMS)

Today, CMS Energy Corporation (NYSE:CMS) stock received an upgrade by Bank of America from Neutral to Buy with a price target of $60.00.

There are 7 Hold Ratings, 6 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CMS Energy Corporation (NYSE:CMS) is Hold with a consensus target price of $53.9091 per share, a potential 1.41% downside.

Some recent analyst ratings include

About CMS Energy Corporation (NYSE:CMS)
CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. The segment generates electricity through coal, gas, renewable energy, oil, and nuclear sources. Its transmission and distribution system includes 214 miles of transmission overhead lines; 195 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,435 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,152 miles of electric distribution overhead lines; 10,817 miles of underground distribution lines; substations; and a battery facility. The Gas Utility segment engages in the purchase, transmission, storage, distribution, and sale of natural gas. Its gas transmission, storage, and distribution system consists of 1,666 miles of transmission lines; 15 gas storage fields; 28,404 miles of distribution mains; and 8 compressor stations. The Enterprises segment is involved in the independent power production and marketing, including the development and operation of renewable generation. It owns interests in independent power plants totaling 1,335 megawatts. The company also operates an industrial bank providing unsecured consumer installment loans for financing home improvements. It serves 1.8 million electric customers and 1.8 million gas customers, including residential, commercial, and diversified industrial customers in Michigan's Lower Peninsula. CMS Energy Corporation was founded in 1987 and is headquartered in Jackson, Michigan.

Recent Trading Activity for CMS Energy Corporation (NYSE:CMS)
Shares of CMS Energy Corporation closed the previous trading session at 54.66 up +0.28 0.51% with 54.83 shares trading hands.

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