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WEC Energy Group - WEC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $86.31
  • Forecasted Upside: 7.70%
  • Number of Analysts: 11
  • Breakdown:
  • 3 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$80.14 As of 04/18/2024 04:09 PM ET
▲ +0.51 (0.64%)

This chart shows the closing price for WEC by one month, three months, or twelve months.

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Analyst Price Target for WEC

Analyst Price Target is $86.31
▲ +7.70% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for WEC Energy Group in the last 3 months. The average price target is $86.31, with a high forecast of $95.00 and a low forecast of $75.00. The average price target represents a 7.70% upside from the last price of $80.14.

This chart shows the closing price for WEC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 contributing investment analysts is to hold stock in WEC Energy Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
10/25/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
1/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
4/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
7/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
10/20/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
1/18/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
3/18/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings
Ratings as of
4/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/10/2024The Goldman Sachs GroupInitiated CoverageNeutral$88.00Low
2/8/2024BarclaysLower TargetUnderweight ➝ Underweight$79.00 ➝ $75.00Low
2/8/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$95.00 ➝ $90.00Low
2/2/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$93.00 ➝ $91.00Low
2/2/2024JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$90.00 ➝ $84.00Low
1/22/2024BarclaysLower TargetUnderweight ➝ Underweight$82.00 ➝ $79.00Low
1/4/2024KeyCorpBoost TargetOverweight ➝ Overweight$94.00 ➝ $95.00Low
1/4/2024Bank of AmericaReiterated RatingNeutral ➝ Underperform$84.00 ➝ $78.00Low
12/18/2023MizuhoLower TargetBuy ➝ Buy$88.00 ➝ $86.00Low
12/5/2023BarclaysBoost TargetUnderweight ➝ Underweight$81.00 ➝ $82.00Low
11/30/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$91.00 ➝ $93.00Low
11/21/2023MizuhoLower TargetBuy ➝ Buy$98.00 ➝ $88.00Low
10/24/2023BarclaysLower TargetUnderweight ➝ Underweight$83.00 ➝ $81.00Low
10/17/2023Bank of AmericaDowngradeBuy ➝ Neutral$102.00 ➝ $86.00Low
10/9/2023GuggenheimLower Target$94.00 ➝ $84.00Low
10/5/2023KeyCorpLower TargetOverweight ➝ Overweight$102.00 ➝ $94.00Low
10/4/2023UBS GroupLower TargetNeutral ➝ Neutral$87.00 ➝ $80.00Low
9/27/2023Royal Bank of CanadaInitiated CoverageSector Perform$95.00Low
9/11/2023LADENBURG THALM/SH SHInitiated CoverageNeutral$85.00Low
8/23/2023BarclaysInitiated CoverageUnderweight$83.00Low
8/16/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$98.00 ➝ $99.00Low
8/2/2023Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$106.00 ➝ $104.00Low
8/2/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$98.00 ➝ $95.00Low
7/19/2023KeyCorpLower TargetOverweight$103.00 ➝ $102.00Low
7/14/2023BMO Capital MarketsLower TargetMarket Perform$100.00 ➝ $96.00Low
7/7/2023GuggenheimLower Target$99.00 ➝ $94.00Low
6/30/2023MizuhoReiterated RatingBuy ➝ Buy$98.00Low
6/30/2023888Reiterated RatingReiteratesLow
6/9/2023Evercore ISILower Target$98.00 ➝ $91.00Low
5/18/2023MizuhoUpgradeNeutral ➝ Buy$98.00Low
5/3/2023888Reiterated RatingMaintainsLow
5/3/2023Bank of AmericaLower Target$106.00 ➝ $103.00Low
4/19/2023JPMorgan Chase & Co.Boost TargetNeutral$99.00 ➝ $105.00Low
2/3/2023Wells Fargo & CompanyLower TargetOverweight$109.00 ➝ $106.00Low
12/14/2022Wells Fargo & CompanyBoost Target$100.00 ➝ $109.00Low
12/5/2022BMO Capital MarketsBoost Target$93.00 ➝ $100.00Low
11/21/2022UBS GroupBoost Target$103.00Low
11/3/2022Credit Suisse GroupBoost TargetUnderperform$89.00 ➝ $93.00Low
11/2/2022BMO Capital MarketsBoost Target$88.00 ➝ $93.00Low
10/27/2022Credit Suisse GroupLower Target$89.00Low
10/24/2022GuggenheimLower Target$104.00 ➝ $95.00Low
10/20/2022KeyCorpLower TargetOverweight$109.00 ➝ $94.00Low
10/19/2022Wells Fargo & CompanyLower TargetOverweight$114.00 ➝ $100.00Low
10/17/2022MizuhoLower TargetNeutral$93.00 ➝ $85.00Low
10/4/2022BMO Capital MarketsLower Target$105.00 ➝ $93.00Low
8/3/2022Wells Fargo & CompanyBoost TargetOverweight$111.00 ➝ $114.00Low
7/20/2022Credit Suisse GroupDowngradeNeutral ➝ Underperform$108.00 ➝ $98.00Low
7/18/2022BarclaysLower TargetEqual Weight$108.00 ➝ $104.00Low
6/17/2022MizuhoLower TargetNeutral$107.00 ➝ $93.00High
6/15/2022BarclaysBoost TargetEqual Weight$107.00 ➝ $108.00Low
6/8/2022MizuhoBoost TargetNeutral$99.00 ➝ $107.00High
5/13/2022Bank of AmericaUpgradeNeutral ➝ Buy$109.00Low
4/25/2022Credit Suisse GroupInitiated CoverageNeutral$108.00Low
2/4/2022Evercore ISIReiterated RatingHold$97.00Low
2/4/2022BMO Capital MarketsReiterated RatingHold$98.00Medium
1/13/2022The Goldman Sachs GroupUpgradeSell ➝ Neutral$99.00High
11/30/2021BMO Capital MarketsInitiated CoverageMarket Perform$92.00High
11/3/2021Wells Fargo & CompanyLower TargetOverweight$110.00 ➝ $105.00High
11/3/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$104.00 ➝ $109.00High
10/19/2021Wolfe ResearchUpgradeUnderperform ➝ Peer PerformMedium
10/15/2021Bank of AmericaUpgradeUnderperform ➝ Neutral$92.00 ➝ $94.00Low
9/1/2021ArgusBoost TargetBuy$100.00 ➝ $104.00Medium
8/26/2021MizuhoBoost TargetNeutral$94.00 ➝ $95.00Low
5/25/2021BarclaysBoost TargetAverage ➝ Overweight$92.00 ➝ $101.00Medium
4/14/2021MizuhoInitiated CoverageNeutral$94.00Low
4/8/2021MizuhoInitiated CoverageNeutral$94.00Low
3/4/2021Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$94.00 ➝ $93.00Low
1/13/2021BarclaysUpgradeUnderweight ➝ Equal Weight$107.00High
11/18/2020BarclaysBoost TargetPositive ➝ Underweight$94.00 ➝ $107.00High
11/2/2020Credit Suisse GroupBoost TargetUnderperform$81.00 ➝ $83.00Medium
10/19/2020KeyCorpBoost TargetOverweight$102.00 ➝ $104.00Medium
9/15/2020ArgusBoost TargetBuy$100.00 ➝ $105.00Medium
9/11/2020KeyCorpBoost TargetOverweight$99.00 ➝ $102.00Low
9/4/2020Atlantic SecuritiesInitiated CoverageOverweight$112.00Low
7/21/2020KeyCorpBoost TargetOverweight$96.00 ➝ $99.00Low
6/22/2020UBS GroupLower TargetNeutral$93.00 ➝ $91.00Medium
6/5/2020UBS GroupBoost TargetNeutral$92.00 ➝ $93.00Low
5/27/2020JPMorgan Chase & Co.Lower TargetNeutral$95.00 ➝ $87.00Low
5/5/2020CfraLower TargetStrong Sell$87.00 ➝ $77.00Low
5/5/2020Wells Fargo & CompanyLower TargetEqual Weight$103.00 ➝ $97.00Low
4/30/2020CSFBLower TargetUnderperform$87.00 ➝ $79.00Medium
4/30/2020Credit Suisse GroupLower TargetUnderperform$87.00 ➝ $79.00Medium
4/24/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$103.00Medium
3/31/2020JPMorgan Chase & Co.Lower TargetNeutral$95.00 ➝ $92.00Medium
3/26/2020BarclaysLower TargetUnderweight$97.00 ➝ $74.00Medium
3/16/2020UBS GroupLower TargetNeutral$106.00 ➝ $89.00High
3/12/2020BarclaysDowngradeEqual Weight ➝ Underweight$92.00 ➝ $97.00High
1/31/2020Wells Fargo & CompanyBoost TargetOverweight$100.00 ➝ $110.00Medium
1/16/2020CitigroupBoost TargetNeutral$93.00 ➝ $95.00Medium
1/14/2020ArgusReiterated RatingBuyLow
12/9/2019Wells Fargo & CompanyReiterated RatingBuyLow
11/13/2019Credit Suisse GroupLower TargetUnderperform$85.00 ➝ $81.00Low
10/8/2019JPMorgan Chase & Co.Initiated CoverageNeutral$99.00Medium
9/6/2019UBS GroupBoost TargetNeutral$87.00 ➝ $94.00Medium
9/4/2019GuggenheimDowngradeBuy ➝ NeutralLow
8/27/2019Wells Fargo & CompanyBoost TargetOutperform$93.00 ➝ $102.00Medium
8/6/2019Credit Suisse GroupDowngradeNeutral ➝ Underperform$84.00 ➝ $85.00Low
6/24/2019Bank of AmericaDowngradeNeutral ➝ Underperform$82.00 ➝ $85.00Low
6/4/2019KeyCorpInitiated CoverageSector Weight ➝ Sector WeightMedium
5/8/2019ScotiabankDowngradeOutperform ➝ Sector Perform$76.00 ➝ $78.00Low
4/26/2019Wolfe ResearchSet TargetSell$77.00Low
(Data available from 4/18/2019 forward)

News Sentiment Rating

1.03 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2023
  • 25 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 5 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 26 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 24 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 29 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 26 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 14 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 14 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

WEC Energy Group logo
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
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Today's Range

Now: $80.14
Low: $79.30
High: $80.21

50 Day Range

MA: $79.64
Low: $76.46
High: $82.12

52 Week Range

Now: $80.14
Low: $75.13
High: $98.80

Volume

564,558 shs

Average Volume

2,140,720 shs

Market Capitalization

$25.28 billion

P/E Ratio

18.99

Dividend Yield

4.29%

Beta

0.4

Frequently Asked Questions

What sell-side analysts currently cover shares of WEC Energy Group?

The following sell-side analysts have issued stock ratings on WEC Energy Group in the last year: 888 Holdings plc, Bank of America Co., Barclays PLC, BMO Capital Markets, Evercore ISI, Guggenheim, JPMorgan Chase & Co., KeyCorp, LADENBURG THALM/SH SH, Mizuho, Royal Bank of Canada, StockNews.com, The Goldman Sachs Group, Inc., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for WEC.

What is the current price target for WEC Energy Group?

13 Wall Street analysts have set twelve-month price targets for WEC Energy Group in the last year. Their average twelve-month price target is $86.31, suggesting a possible upside of 8.4%. BMO Capital Markets has the highest price target set, predicting WEC will reach $95.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $75.00 for WEC Energy Group in the next year.
View the latest price targets for WEC.

What is the current consensus analyst rating for WEC Energy Group?

WEC Energy Group currently has 3 sell ratings, 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WEC, but not buy more shares or sell existing shares.
View the latest ratings for WEC.

What other companies compete with WEC Energy Group?

Other companies that are similar to WEC Energy Group include Consolidated Edison, Ameren, Public Service Enterprise Group, CMS Energy and PG&E. Learn More about companies similar to WEC Energy Group.

How do I contact WEC Energy Group's investor relations team?

WEC Energy Group's physical mailing address is 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201. The utilities provider's listed phone number is (414) 221-2345 and its investor relations email address is [email protected]. The official website for WEC Energy Group is www.wecenergygroup.com. Learn More about contacing WEC Energy Group investor relations.