In a report released on October 8, Julien Dumoulin Smith from Jefferies maintained a Hold rating on Hawaiian Electric, with a price target of $12.25. The company’s shares closed yesterday at $10.89.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Dumoulin Smith is a 4-star analyst with an average return of 6.4% and a 58.60% success rate. Dumoulin Smith covers the Utilities sector, focusing on stocks such as WEC Energy Group, Southern Co, and Nisource.
The word on The Street in general, suggests a Hold analyst consensus rating for Hawaiian Electric with a $12.25 average price target, which is a 12.49% upside from current levels. In a report released on October 9, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $11.00 price target.
HE market cap is currently $1.9B and has a P/E ratio of -32.82.
Read More on HE:
Disclaimer & DisclosureReport an Issue
- Hawaiian Electric Issues $500M Senior Notes
- Hawaiian Electric Prices $500M Senior Notes Offering
- Hawaiian Electric Amends Credit Facilities, Boosts Commitments
- Hawaiian Electric call volume above normal and directionally bullish
- Hawaiian Electric Industries Earnings Call Highlights Progress and Challenges
/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
/A%20concept%20image%20of%20space_%20Image%20by%20Canities%20via%20Shutterstock_.jpg)
/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg)