Fintel reports that on April 10, 2025, JP Morgan downgraded their outlook for Eversource Energy (BIT:1ES) from Neutral to Underweight.
Analyst Price Forecast Suggests 18.59% Upside
As of April 4, 2025, the average one-year price target for Eversource Energy is €65.82/share. The forecasts range from a low of €43.95 to a high of €82.63. The average price target represents an increase of 18.59% from its latest reported closing price of €55.50 / share.
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The projected annual revenue for Eversource Energy is 14,220MM, an increase of 19.49%. The projected annual non-GAAP EPS is 5.00.
What is the Fund Sentiment?
There are 1,584 funds or institutions reporting positions in Eversource Energy. This is an increase of 12 owner(s) or 0.76% in the last quarter. Average portfolio weight of all funds dedicated to 1ES is 0.24%, an increase of 32.47%. Total shares owned by institutions increased in the last three months by 3.34% to 347,571K shares.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 16,470K shares representing 4.49% ownership of the company. In its prior filing, the firm reported owning 11,885K shares , representing an increase of 27.84%. The firm increased its portfolio allocation in 1ES by 22.29% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 11,522K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 11,359K shares , representing an increase of 1.41%. The firm decreased its portfolio allocation in 1ES by 15.64% over the last quarter.
Charles Schwab Investment Management holds 9,934K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 9,707K shares , representing an increase of 2.28%. The firm decreased its portfolio allocation in 1ES by 16.56% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 9,918K shares representing 2.70% ownership of the company. In its prior filing, the firm reported owning 9,359K shares , representing an increase of 5.64%. The firm decreased its portfolio allocation in 1ES by 15.39% over the last quarter.
Geode Capital Management holds 9,557K shares representing 2.61% ownership of the company. In its prior filing, the firm reported owning 9,040K shares , representing an increase of 5.41%. The firm decreased its portfolio allocation in 1ES by 14.56% over the last quarter.
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