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RBC Capital Remains a Hold on Xcel Energy (XEL)

In a report issued on July 19, Shelby Tucker from RBC Capital maintained a Hold rating on Xcel Energy (XELResearch Report), with a price target of $76.00. The company’s shares closed last Wednesday at $67.60.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 9.7% and a 69.6% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power.

Xcel Energy has an analyst consensus of Moderate Buy, with a price target consensus of $75.80.

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The company has a one-year high of $76.63 and a one-year low of $61.16. Currently, Xcel Energy has an average volume of 3.37M.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XEL 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.

Xcel Energy Inc. engages in generating, purchasing, transmitting, distributing, and selling electricity. It generates electricity through nuclear, natural gas, coal, hydroelectric, wood/refuse, solar, and wind energy sources. The company sells to residential, commercial, and industrial customers in eight Western and Midwestern states.

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