Xcel Energy Inc. (XEL) rose 2.58% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 5.75% and is now down by 0% since start of this year. A look at its monthly performance shows that the stock has recorded a -7.84% fall over the past 30 days. Its equity price climbed by 0.53% over the past three months which led to its overall six-month increase to stand at 6.21%.
Experts from research firms are bullish about the near-term performance of Xcel Energy Inc. with most of them predicting a $51.69 price target on a short-term (12 months) basis. The average price target by the analysts will see a 4.91% rise in the stock and would lead to XEL’s market cap to surge to $26.41B. The stock has been rated an average 2.6, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 15 analysts that track Xcel Energy Inc. (NASDAQ:XEL) and find out that 11 of them rated it as a Hold. 4 of the 4 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
A look at XEL technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 45.8 point. Its trading volume has lost -928231 shares compared to readings over the past three months as it recently exchanged 3901769 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 4830000 shares, and this is 0.81 times the normal volume.
The price of Zions Bancorporation, National Association (NASDAQ:ZION) currently stands at $43.76 after it went up by $0.21 or 0.48% and has found a strong support at $43.31 a share. If the ZION price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $42.86 mark would also be bad for the stock as it means that the stock would plunge by 2.06% from its current position. However, if the stock price is able to trade above the resistance point around $44.08, then it could likely surge higher to try and break the upward resistance which stands at $44.4 a share. Its average daily volatility over the past one month stands at 3.07%. The stock has plunged by 1.33% from its 52-weeks high of $43.18 which it reached on May. 22, 2018. In general, it is 12.98% above its 52-weeks lowest point which stands at $38.08 and this setback was observed on Dec. 26, 2018.
Analysts have predicted a price target for Zions Bancorporation, National Association (ZION) for 1 year and it stands at an average $58.96/share. This means that it would likely increase by 34.73% from its current position. The current price of the stock has been moving between $43.18 and $43.95. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $49. On the other hand, one analyst is super bullish about the price, setting a target as high as $69.
Analysts view Zions Bancorporation, National Association (NASDAQ:ZION) as a Buy, with 2 consensus rating. Reuters surveyed 26 analysts that follow ZION and found that 10 of those analysts rated the stock as a Hold. The remaining 16 were divided, with 16 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Zions Bancorporation, National Association (ZION) shares or sell it if they already own it.