AllAnalyst Report
logoArgusSeptember 15, 2020

WEC Energy Group, Inc.: Raising target price to $105 on EPS gains

Symbols
WEC
Sector(s)
Utilities
Rating
Current Price
$92.56
Price Target
Earnings Estimate
Summary

WEC Energy Group, based in Milwaukee, is an energy company serving 4.5 million electric customers in Wisconsin, Illinois, Michigan and Minnesota. The company's primary subsidiaries are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. The company's other major subsidiary, We Power, designs, builds, and owns electric generating plants. Excluding recent acquisitions, its generation fleet includes 3,590 MW of natural gas and oil, 3,518 MW of coal, and 220 MW of renewables.

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