PNM RESOURCES INC (PNM) Stock Analyst Ratings
NYSE:PNM - New York Stock Exchange, Inc. - US69349H1077 - Common Stock - Currency: USD
ChartMill assigns a Buy % Consensus number of 77% to PNM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 45.61. This target is 9.19% above the current price.
PNM was analyzed by 12 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about PNM.
In the previous month the buy percentage consensus was at a similar level.
PNM was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-08-01 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-07-22 | Barclays | Maintains | Overweight -> Overweight |
| 2024-05-30 | Evercore ISI Group | Reiterate | In-Line |
| 2024-04-15 | Barclays | Maintains | Overweight -> Overweight |
| 2024-02-08 | Barclays | Initiate | Overweight |
| 2024-01-03 | Mizuho | Downgrade | Buy -> Neutral |
| 2024-01-03 | Wells Fargo | Upgrade | Equal-Weight -> Overweight |
| 2023-09-26 | Mizuho | Upgrade | Neutral -> Buy |
| 2023-09-18 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-06-22 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-01-09 | Mizuho | Downgrade | Buy -> Neutral |
| 2022-10-20 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2022-09-07 | Mizuho | Maintains | Buy |
| 2022-06-22 | Mizuho | Upgrade | Neutral -> Buy |
| 2022-04-29 | Wells Fargo | Maintains | Overweight |
| 2022-04-27 | Wells Fargo | Maintains | Overweight |
| 2022-02-09 | Mizuho | Maintains | Neutral |
| 2021-12-13 | Wells Fargo | Upgrade | Equal-Weight -> Overweight |
| 2021-12-10 | Barclays | Maintains | Underweight |
| 2021-12-03 | Wells Fargo | Upgrade | Underweight -> Equal-Weight |
| 2021-03-03 | Citigroup | Downgrade | Buy -> Neutral |