Bank of America Securities Keeps Their Buy Rating on TXNM Energy (TXNM)

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Bank of America Securities analyst Paul Cole maintained a Buy rating on TXNM Energy (TXNM – Research Report) today. The company’s shares opened today at $41.22.

According to TipRanks, Cole is a 3-star analyst with an average return of 5.0% and a 68.18% success rate. Cole covers the Utilities sector, focusing on stocks such as Alliant Energy, American Electric Power, and Southern Co.

Currently, the analyst consensus on TXNM Energy is a Moderate Buy with an average price target of $42.25.

The company has a one-year high of $45.10 and a one-year low of $34.63. Currently, TXNM Energy has an average volume of 696K.

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TXNM Energy (TXNM) Company Description:

Public Service Co. of New Mexico provides electricity and electric services. It offers payment options, billing, save money and energy and business energy analyzer. The company was founded in 1917 and is headquartered in Albuquerque, NM.

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