Seeing Is Believing
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.
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
What is PNM (PNM Resources) average time for price targets to be met?
Which analyst has the current highest performing score on PNM (PNM Resources) with a proven track record?
Which analyst has the current lower performing score on PNM (PNM Resources) with a proven track record?
Which analyst has the most public recommendations on PNM (PNM Resources)?
Which analyst is the currently most bullish on PNM (PNM Resources)?
Which analyst is the currently most reserved on PNM (PNM Resources)?