PNM Resources Inc (NYSE:PNM) gets upgraded to Neutral by UBS Group with a price target of $49.15

Analyst Ratings For PNM Resources Inc (NYSE:PNM)

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Today, PNM Resources Inc (NYSE:PNM) stock received an upgrade by UBS Group from Sell to Neutral with a price target of $49.15.

There are 3 Hold Ratings, 2 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on PNM Resources Inc (NYSE:PNM) is Hold with a consensus target price of $47.73 per share, a potential 4.31% downside.

Some recent analyst ratings include

  • 6/12/2019-PNM Resources Inc (NYSE:PNM) gets upgraded to Neutral by UBS Group with a price target of $49.15
  • 6/10/2019-PNM Resources Inc (NYSE:PNM) had its Hold rating reiterated by Wells Fargo & Co
  • 5/10/2019-PNM Resources Inc (NYSE:PNM) gets upgraded to Buy by Mizuho with a price target of $49.50
  • 4/25/2019-PNM Resources Inc (NYSE:PNM) gets upgraded to Neutral by Bank of America with a price target of $48.00
  • 3/18/2019-PNM Resources Inc (NYSE:PNM) had its Sell rating reiterated by Williams Capital
  • 4/2/2018-PNM Resources Inc (NYSE:PNM) had its Hold rating reiterated by SunTrust Banks with a $37.00 price target
  • On 3/8/2019 Charles N Eldred, CFO, sold 14,000 with an average share price of $44.64 per share and the total transaction amounting to $624,960.00.
  • On 3/7/2019 Joseph Don Tarry, VP, sold 1,092 with an average share price of $44.89 per share and the total transaction amounting to $49,019.88.
  • On 3/6/2019 Charles N Eldred, CFO, sold 5,061 with an average share price of $44.23 per share and the total transaction amounting to $223,848.03.
  • On 3/6/2019 Patrick V Apodaca, SVP, sold 4,800 with an average share price of $44.32 per share and the total transaction amounting to $212,736.00.
  • On 5/8/2018 Norman P Becker, Director, bought 1,250 with an average share price of $38.50 per share and the total transaction amounting to $48,125.00.
  • On 3/5/2018 Joseph Don Tarry, VP, sold 2,954 with an average share price of $35.70 per share and the total transaction amounting to $105,457.80.
  • On 3/5/2018 Ronald N Darnell, SVP, sold 3,162 with an average share price of $35.95 per share and the total transaction amounting to $113,673.90.

About PNM Resources Inc (NYSE:PNM)
PNM Resources, Inc, through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. Read More…

Recent Trading Activity for PNM Resources Inc (NYSE:PNM)
Shares of PNM Resources Inc closed the previous trading session at 49.84 up +0.69 1.41% with 50.14 shares trading hands.

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