In a report released yesterday, Richard Sunderland from Truist Financial maintained a Hold rating on Dominion Energy, with a price target of $68.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Sunderland covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and Pinnacle West Capital. According to TipRanks, Sunderland has an average return of 4.0% and a 60.34% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dominion Energy with a $69.10 average price target.
Based on Dominion Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.14 billion and a net profit of $621 million. In comparison, last year the company earned a revenue of $4.08 billion and had a net profit of $646 million
