NorthWestern (NASDAQ:NWE) Upgraded by Barclays to “Strong-Buy” Rating

NorthWestern (NASDAQ:NWE) was upgraded by research analysts at Barclays to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of NorthWestern in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $56.00.

NorthWestern Stock Performance

Shares of NWE stock opened at $61.63 on Tuesday. The business’s fifty day simple moving average is $57.65. The company has a quick ratio of 0.52, a current ratio of 0.75 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $3.78 billion, a PE ratio of 16.79, a PEG ratio of 2.48 and a beta of 0.39. NorthWestern has a 52 week low of $50.43 and a 52 week high of $61.90.

NorthWestern (NASDAQ:NWE) last announced its earnings results on Friday, October 27th. The company reported $0.44 EPS for the quarter. NorthWestern had a return on equity of 7.30% and a net margin of 14.76%.The company had revenue of $335.07 million for the quarter.

About NorthWestern

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.