Analyst Price Target is $36.75
▲ +1.66% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Avista in the last 3 months. The average price target is $36.75, with a high forecast of $40.00 and a low forecast of $34.00. The average price target represents a 1.66% upside from the last price of $36.15.
Current Consensus is
Reduce
The current consensus among 4 contributing investment analysts is to reduce stock in Avista. This rating has held steady since August 2024, when it changed from a Hold consensus rating.
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the supply of electricity to customers in Montana; and wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2023, it supplied retail electric services to approximately 416,000 customers; and retail natural gas services to approximately 381,000 customers. The company also operates five hydroelectric generation facilities with capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. It also engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
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