Análisis de la acción WEC Energy Group Inc (WEC)WECWEC Energy Group Inc

WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, Electric transmission, Non-utility energy infrastructure, and Corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

WEC Energy Group Inc is currently trading at $108.71, which is close to the average analyst price target of $117. The stock has a high RSI of 83.15, indicating it may be overbought, while the forward P/E ratio is 16.86, suggesting reasonable valuation. However, with insider selling increasing by 46336.10% and recent downgrades from analysts, it may be prudent to hold rather than buy at this time.

11 analysts cover WEC: 4 rate it Buy, 6 Hold and 1 Sell. The average price target is 120.15.