NorthWestern (NASDAQ:NWE) Upgraded at Barclays

NorthWestern (NASDAQ:NWE) was upgraded by stock analysts at Barclays to a “strong-buy” rating in a research report issued to clients and 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 research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $56.00.

NorthWestern Stock Performance

Shares of NorthWestern stock opened at $61.63 on Tuesday. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 16.79, a P/E/G ratio of 2.48 and a beta of 0.39. The company’s 50-day simple moving average is $57.65. NorthWestern has a twelve month low of $50.43 and a twelve month high of $61.90. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.52 and a current ratio of 0.75.

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

NorthWestern Company Profile

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.