According to Zen Score, the 3 best diversified utility stocks to buy right now are:
1. Montauk Renewables (NASDAQ:MNTK)
Montauk Renewables (NASDAQ:MNTK) is the top diversified utility stock with a Zen Score of 69, which is 29 points higher than the diversified utility industry average of 40. It passed 22 out of 33 due diligence checks and has strong fundamentals. Montauk Renewables has seen its stock lose -48.87% over the past year, underperforming other diversified utility stocks by -44 percentage points.
Montauk Renewables has an average 1 year
price target of $8.00, an upside of 96.56% from Montauk Renewables's current stock price of $4.07.
Montauk Renewables stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Montauk Renewables, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Otter Tail (NASDAQ:OTTR)
Otter Tail (NASDAQ:OTTR) is the second best diversified utility stock with a Zen Score of 51, which is 11 points higher than the diversified utility industry average of 40. It passed 18 out of 38 due diligence checks and has strong fundamentals. Otter Tail has seen its stock return 19.12% over the past year, overperforming other diversified utility stocks by 24 percentage points.
3. Energy Co Of Minas Gerais (NYSE:CIG)
Energy Co Of Minas Gerais (NYSE:CIG) is the third best diversified utility stock with a Zen Score of 48, which is 8 points higher than the diversified utility industry average of 40. It passed 17 out of 38 due diligence checks and has strong fundamentals. Energy Co Of Minas Gerais has seen its stock return 22.44% over the past year, overperforming other diversified utility stocks by 27 percentage points.
Energy Co Of Minas Gerais has an average 1 year
price target of $2.90, an upside of 15.54% from Energy Co Of Minas Gerais's current stock price of $2.51.
Energy Co Of Minas Gerais stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Energy Co Of Minas Gerais, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.