Analyst Price Target is $137.09
▲ +1.23% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for DTE Energy in the last 3 months. The average price target is $137.09, with a high forecast of $147.00 and a low forecast of $128.00. The average price target represents a 1.23% upside from the last price of $135.42.
Current Consensus is
Moderate Buy
The current consensus among 12 polled investment analysts is to moderate buy stock in DTE Energy. This Moderate Buy consensus rating has held steady for over two years.
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
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