Wells Fargo Sticks to Their Hold Rating for Dominion Resources (D)

Wells Fargo analyst Sarah Akers maintained a Hold rating on Dominion Resources (DResearch Report) on December 6. The company’s shares closed last Monday at $81.00.

According to TipRanks.com, Akers is a 4-star analyst with an average return of 9.9% and a 80.0% success rate. Akers covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, Chesapeake Utilities, and Centerpoint Energy.

Currently, the analyst consensus on Dominion Resources is a Moderate Buy with an average price target of $88.80, which is a 9.7% upside from current levels. In a report issued on November 21, Merrill Lynch also maintained a Hold rating on the stock with a $84.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $83.93 and a one-year low of $67.41. Currently, Dominion Resources has an average volume of 3.19M.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is neutral on the stock.

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.

Dominion Energy, Inc. engages in the provision of electricity and natural gas to homes, businesses, and wholesale customers. Its operations also include a regulated interstate natural gas transmission pipeline and underground storage system. It operates through following business segments: Power Delivery, Power Generation, and Gas Infrastructure.