Analyst Price Target is $42.50
▼ -4.21% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Avista in the last 3 months. The average price target is $42.50, with a high forecast of $48.00 and a low forecast of $37.00. The average price target represents a -4.21% upside from the last price of $44.37.
Current Consensus is
The current consensus among 3 polled investment analysts is to hold stock in Avista. This Hold consensus rating has held steady for over two years.
Avista Corporation 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 wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 24, 2021, it provided electric service to 400,000 customers and natural gas to 367,000 customers. In addition, the company engages in the venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.