Is Pnm Resources Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: PNM) stock is to Hold PNM stock.
Out of 1 analyst, 0 (0%) are recommending PNM as a Strong Buy, 0 (0%) are recommending PNM as a Buy, 1 (100%) are recommending PNM as a Hold, 0 (0%) are recommending PNM as a Sell, and 0 (0%) are recommending PNM as a Strong Sell.
What is PNM's forecast return on equity (ROE) for 2023-2023?
(NYSE: PNM) forecast ROE is 10.13%, which is considered weak.
What is PNM's Price Target?
According to 1 Wall Street analyst that have issued a 1 year PNM price target, the average PNM price target is $51.00, with the highest PNM stock price forecast at $51.00 and the lowest PNM stock price forecast at $51.00.
The Wall Street analyst predicted that Pnm Resources's share price could reach $51.00 by Sep 18, 2024. The average Pnm Resources stock price prediction forecasts a potential upside of 13.94% from the current PNM share price of $44.76.
What is PNM's forecast return on assets (ROA) for 2023-2023?
(NYSE: PNM) forecast ROA is 2.38%, which is lower than the forecast US Utilities - Regulated Electric industry average of 3.11%.
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