Morgan Stanley Sticks to Its Hold Rating for Dominion Energy (D)

In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Dominion Energy (DResearch Report), with a price target of $77.00. The company’s shares opened today at $62.30.

According to TipRanks, Byrd is a 5-star analyst with an average return of 9.5% and a 59.10% success rate. Byrd covers the Utilities sector, focusing on stocks such as CMS Energy, ONE Gas, and American Electric Power.

Dominion Energy has an analyst consensus of Hold, with a price target consensus of $72.67, which is a 16.65% upside from current levels. In a report released on November 7, Credit Suisse also downgraded the stock to a Hold with a $69.00 price target.

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D market cap is currently $51.97B and has a P/E ratio of 22.46.

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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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