DTE Energy Co (NYSE:DTE) has coverage initiated with a Sector Outperform rating and $115.00 price target

Analyst Ratings For DTE Energy Co (NYSE:DTE)

Story continues below

Today, Howard Weil initiated coverage on DTE Energy Co (NYSE:DTE) with a Sector Outperform with a price target of $115.00.

There are 5 Hold Ratings, 4 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on DTE Energy Co (NYSE:DTE) is Hold with a consensus target price of $110.10 per share, a potential 3.60% upside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Sector Outperform rating.
  • 7/23/2018-Guggenheim Reiterated Rating of Buy.
  • 6/11/2018-Wells Fargo & Co was Downgraded by analysts at Wells Fargo & Co from a “Outperform ” rating to a ” Market Perform” rating. They now have a $103.00 price target on the stock, up previously from $109.27 .
  • 4/13/2018-Citigroup initiated coverage with a Neutral rating.
  • 2/20/2018-Credit Suisse Group Reiterated Rating of Neutral .

Recent Insider Trading Activity For DTE Energy Co (NYSE:DTE)
DTE Energy Co (NYSE:DTE) has insider ownership of 0.59% and institutional ownership of 70.30%.

  • On 6/5/2018 Peter B Oleksiak, Insider, sold 1,000 with an average share price of $99.89 per share and the total transaction amounting to $99,890.00.
  • On 5/8/2018 Gerard M Anderson, Chairman, sold 15,000 with an average share price of $102.18 per share and the total transaction amounting to $1,532,700.00.
  • On 3/2/2018 David Ruud, Insider, sold 7,680 with an average share price of $100.54 per share and the total transaction amounting to $772,147.20.
  • On 3/1/2018 Lisa A Muschong, VP, sold 1,341 with an average share price of $100.97 per share and the total transaction amounting to $135,400.77.
  • On 2/22/2018 Gerard M Anderson, CEO, sold 12,500 with an average share price of $102.53 per share and the total transaction amounting to $1,281,625.00.
  • On 11/17/2017 Gerard M Anderson, Chairman, sold 12,389 with an average share price of $112.93 per share and the total transaction amounting to $1,399,089.77.
  • On 8/17/2017 Mark W Stiers, Insider, sold 3,632 with an average share price of $110.03 per share and the total transaction amounting to $399,628.96.

About DTE Energy Co (NYSE:DTE)
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 692 distribution substations and 440,500 line transformers. Its Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers in Michigan, as well as the sells storage and transportation capacity. This segment has approximately 19,500 miles of distribution mains; 1,216,000 service pipelines; and 1,262,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems, and compression and surface facilities, as well as has ownership interests in interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment provides metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. It also owns and operates 5 renewable generating plants with a capacity of 217 MWs; 21 landfill gas recovery sites; and 11 reduced emissions fuel facilities. The company's Energy Trading segment is involved in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. DTE Energy Company was founded in 1903 and is headquartered in Detroit, Michigan.

Recent Trading Activity for DTE Energy Co (NYSE:DTE)
Shares of DTE Energy Co closed the previous trading session at 106.40 −0.025 0.023% with 106.42 shares trading hands.

An ad to help with our costs