Dominion Energy (D) Gets a Hold Rating from Morgan Stanley

Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Dominion Energy (DResearch Report) today and set a price target of $87.00. The company’s shares closed last Tuesday at $81.54.

According to TipRanks.com, Byrd is a 5-star analyst with an average return of 10.0% and a 58.9% success rate. Byrd covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Pinnacle West Capital.

Currently, the analyst consensus on Dominion Energy is a Moderate Buy with an average price target of $85.00, representing a 3.5% upside. In a report issued on March 7, RBC Capital also maintained a Hold rating on the stock with a $87.00 price target.

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The company has a one-year high of $84.13 and a one-year low of $70.37. Currently, Dominion Energy has an average volume of 3.03M.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of D in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Virginia-based Dominion Energy, Inc. is a power and energy company, which provides electricity and natural gas to homes, businesses, and wholesale customers. It operates through the following business segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, Contracted Assets, and Corporate and Other.

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