In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Dominion Energy (D – Research Report), with a price target of $49.00. The company’s shares closed yesterday at $42.22.
According to TipRanks, Tonet is a 4-star analyst with an average return of 2.1% and a 51.02% success rate. Tonet covers the Energy sector, focusing on stocks such as Enbridge, Oneok, and Williams Co.
Currently, the analyst consensus on Dominion Energy is a Hold with an average price target of $49.50, representing a 17.24% upside. In a report released yesterday, Scotiabank also downgraded the stock to a Hold with a $46.00 price target.
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The company has a one-year high of $67.33 and a one-year low of $39.25. Currently, Dominion Energy has an average volume of 4.9M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of D in relation to earlier this year.
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Dominion Energy (D) Company Description:
Virginia-based Dominion Energy, Inc. is a power and energy company, which provides electricity and natural gas to homes, businesses, and wholesale customers. It operates through the following business segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, Contracted Assets, and Corporate and Other.
Read More on D:
- Dominion downgraded to Sector Perform from Outperform at Scotiabank
- Dominion price target lowered to $49 from $56 at Guggenheim
- Dominion chief of staff Carter Reid retires
- Dominion Energy Recommends Shareholders Reject ‘Mini-Tender’ Offer By TRC Capital Investment Corporation
- Dominion urges shareholders to reject ‘mini-tender’ offer by TRC Capital
