CMS Energy Corporation (NYSE:CMS) price target set to $50.00 by Morgan Stanley

Analyst Ratings For CMS Energy Corporation (NYSE:CMS)

Today, Morgan Stanley set its price target on CMS Energy Corporation (NYSE:CMS) to $50.00 per share.

There are 6 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 Buy with a consensus target price of $50.4444 per share, a potential 2.72% upside.

Some recent analyst ratings include

  • 9/10/2018-CMS Energy Corporation (NYSE:CMS) gets upgraded to Buy by Argus
  • 9/5/2018-CMS Energy Corporation (NYSE:CMS) had its Hold rating reiterated by SunTrust Banks with a $50.00 price target
  • 8/16/2018-CMS Energy Corporation (NYSE:CMS) had its Buy rating reiterated by KeyCorp with a $51.00 price target
  • 8/15/2018-CMS Energy Corporation (NYSE:CMS) has coverage initiated with a Equal Weight rating and $51.00 price target
  • 7/24/2018-CMS Energy Corporation (NYSE:CMS) had its Sector Outperform rating reiterated by Howard Weil

Recent Insider Trading Activity For CMS Energy Corporation (NYSE:CMS)
CMS Energy Corporation (NYSE:CMS) has insider ownership of 0.65% and institutional ownership of 89.59%.

  • On 8/14/2018 Dhenuvakonda Rao Venkat, Insider, sold 1,000 with an average share price of $48.77 per share and the total transaction amounting to $48,770.00.
  • On 8/13/2018 Jon E Barfield, Director, sold 2,861 with an average share price of $48.45 per share and the total transaction amounting to $138,615.45.
  • On 5/17/2018 Dhenuvakonda Rao Venkat, Insider, sold 1,000 with an average share price of $44.11 per share and the total transaction amounting to $44,110.00.
  • On 5/7/2018 Catherine M Reynolds, SVP, sold 5,611 with an average share price of $46.05 per share and the total transaction amounting to $258,386.55.
  • On 5/2/2018 Dhenuvakonda Rao Venkat, Insider, sold 1,000 with an average share price of $46.62 per share and the total transaction amounting to $46,620.00.
  • On 5/2/2018 Glenn P Barba, VP, sold 10,000 with an average share price of $46.85 per share and the total transaction amounting to $468,500.00.
  • On 2/20/2018 Catherine M Reynolds, SVP, sold 8,310 with an average share price of $43.40 per share and the total transaction amounting to $360,654.00.

About CMS Energy Corporation (NYSE:CMS)
CMS Energy Corporation operates as an energy company primarily in Michigan. It operates through three segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment engages in the generation, purchase, transmission, distribution, and sale of electricity. It generates electricity through fossil-fuel-fired plants, as well as renewable energy and nuclear sources. This segment's transmission and distribution system includes 214 miles of transmission overhead lines; 188 miles of high-voltage distribution overhead lines; 4 miles of high-voltage distribution underground lines; 4,431 miles of high-voltage distribution overhead lines; 19 miles of high-voltage distribution underground lines; 56,098 miles of electric distribution overhead lines; 10,665 miles of underground distribution lines; and substations. The Gas Utility segment is involved in the purchase, transmission, storage, distribution, and sale of natural gas. This segment's gas transmission, storage, and distribution system comprises 1,672 miles of transmission lines; 15 gas storage fields; 28,194 miles of distribution mains; and 8 compressor stations. The Enterprises segment engages in the independent power production and marketing activities; and development of renewable generation. This segment owns interests in independent power plants totaling 1,203 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 49,11 +0,14 0,29 % with 48.88 shares trading hands.

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