PNM - PNM Resources - Stock Forecast

Utilities - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

PNM is currently covered by 6 analysts with an average price target of $46.72. This is a potential upside of $3.47 (8.02%) from yesterday's end of day stock price of $43.25.

PNM Resources's activity chart (see below) currently has 115 price targets and 108 ratings on display. The stock rating distribution of PNM is 50% HOLD and 50% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 58.18% with an average time for these price targets to be met of 235.33 days.

Highest price target for PNM is $46, Lowest price target is $38, average price target is $42.3.

Most recent stock forecast was given by JONATHAN REEDER from WELLS FARGO on 01-Aug-2024. First documented stock forecast 04-Aug-2014.

Currently out of the existing stock ratings of PNM, 7 are a HOLD (50%), 7 are a BUY (50%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$46

$2.75 (6.36%)

8 months 9 days ago
(01-Aug-2024)

5/14 (35.71%)

$3.79 (8.98%)

148

Buy

$45

$1.75 (4.05%)

$43

8 months 19 days ago
(22-Jul-2024)

2/3 (66.67%)

$5.12 (12.84%)

161

Hold

$38

$-5.25 (-12.14%)

$44

10 months 11 days ago
(30-May-2024)

4/4 (100%)

$0.99 (2.67%)

181

Hold

$41

$-2.25 (-5.20%)

$50.3

1 years 3 months 7 days ago
(03-Jan-2024)

11/13 (84.62%)

$2.8 (7.33%)

483

Hold

$41.5

$-1.75 (-4.05%)

$51

1 years 5 months 11 days ago
(30-Oct-2023)

1/5 (20%)

$0.25 (0.61%)

15

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What is PNM (PNM Resources) average time for price targets to be met?

On average it took 235.33 days on average for the stock forecasts to be realized with a an average price target met ratio 58.18

Which analyst has the current highest performing score on PNM (PNM Resources) with a proven track record?

DANIEL FORD

Which analyst has the current lower performing score on PNM (PNM Resources) with a proven track record?

RYAN LEVINE

Which analyst has the most public recommendations on PNM (PNM Resources)?

Daniel Ford works at UBS and has 11 price targets and 7 ratings on PNM

Which analyst is the currently most bullish on PNM (PNM Resources)?

Ali Agha with highest potential upside - $9.75

Which analyst is the currently most reserved on PNM (PNM Resources)?

Greg Gordon with lowest potential downside - -$5.25

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