WEC Energy Group, Inc. (WEC) Stock Price Hits Record High Today

WEC Energy Group, Inc. (NYSE:WEC) Logo

Investors sentiment increased to 1 in Q1 2019. Its up 0.40, from 0.6 in 2018Q4. It increased, as 2 investors sold WEC Energy Group, Inc. shares while 1 reduced holdings. 0 funds opened positions while 3 raised stakes. 137,054 shares or 8.18% less from 149,260 shares in 2018Q4 were reported.
Bruce Co reported 23,124 shares. Fishman Jay A Limited Mi has 4,000 shares for 0% of their portfolio. Gulf Int Bancorp (Uk) Limited has 72,541 shares for 0.1% of their portfolio. Balasa Dinverno And Foltz Limited Company reported 5,850 shares stake. Gemmer Asset Management Ltd Llc stated it has 0% of its portfolio in WEC Energy Group, Inc. (NYSE:WEC). Prudential Public Ltd Com owns 24,965 shares or 0.01% of their US portfolio. West Oak Ltd Com holds 6,355 shares.

The stock of WEC Energy Group, Inc. (NYSE:WEC) reached all time high today, Aug, 15 and still has $97.95 target or 8.00 % above today’s $90.69 share price. This indicates more upside for the $28.61B company. This technical setup was reported by Barchart.com. If the $97.95 PT is reached, the company will be worth $2.29 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.02% or $1.8 during the last trading session, reaching $90.69. About 1.52M shares traded. WEC Energy Group, Inc. (NYSE:WEC) has risen 31.07% since August 15, 2018 and is uptrending. It has outperformed by 31.07% the S&P500.

WEC Energy Group, Inc. (NYSE:WEC) Ratings Coverage

Among 2 analysts covering WEC Energy Group (NYSE:WEC), 0 have Buy rating, 2 Sell and 0 Hold. Therefore 0 are positive. WEC Energy Group has $85 highest and $7600 lowest target. $84’s average target is -7.38% below currents $90.69 stock price. WEC Energy Group had 5 analyst reports since April 8, 2019 according to SRatingsIntel. As per Wednesday, August 7, the company rating was downgraded by Credit Suisse. The stock of WEC Energy Group, Inc. (NYSE:WEC) earned “Sell” rating by Bank of America on Monday, June 24.

More notable recent WEC Energy Group, Inc. (NYSE:WEC) news were published by: Benzinga.com which released: “Mid-Morning Market Update: Markets Open Lower; Tyson Foods Earnings Top Views – Benzinga” on August 05, 2019, also Seekingalpha.com with their article: “Why WEC Is A Solid Utility For Dividend Investors – Seeking Alpha” published on May 07, 2019, Seekingalpha.com published: “It Ain’t Cheap, But I Like WEC Energy Group – Seeking Alpha” on December 21, 2018. More interesting news about WEC Energy Group, Inc. (NYSE:WEC) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Arconic, Boston Beer, Disney, Dunkin’, DuPont, GreenSky, IFF, Merck and More – 24/7 Wall St.” published on August 07, 2019 as well as Businesswire.com‘s news article titled: “MGE, We Energies Announce Plan for Expanded Solar Partnership – Business Wire” with publication date: August 01, 2019.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company has market cap of $28.61 billion. The firm operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other divisions. It has a 26.29 P/E ratio. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.

WEC Energy Group, Inc. (NYSE:WEC) Ratings Chart

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