MGE Recommendation mean
What is the Recommendation mean of MGE?
The Recommendation mean of MGE Energy, Inc. is 3.50
What is the definition of Recommendation mean?
Recommendation mean is the mean of analysts’ ratings of the stock ranging from 1.0 (strong buy) to 5.0 (strong sell).
Mean of recommendations is an average of ratings from different analysts but it should still be used with other research and investment metrics in order to make investment decisions. It is important to understand a firm's entire scale when assimilating ratings. Additionally, analyst recommendations on stocks owned by firms employing them may be seen as potentially biased.
Financial analysts are often employed by mutual and pension funds, hedge funds, securities firms, banks, investment banks, insurance companies, and other businesses, helping these companies or their clients make investment decisions. Financial analysts employed in commercial lending perform "balance sheet analysis," examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, they read company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates in order to determine a company's value and project future earnings. In any of these various institutions, the analyst often meets with company officials to gain a better insight into a company's prospects and to determine the company's managerial effectiveness.
Usually, financial analysts study an entire industry, assessing current trends in business practices, products, and industry competition. They must keep abreast of new regulations or policies that may affect the industry, as well as monitor the economy to determine its effect on earnings.
Recommendation mean of companies in the Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with recommendation mean similar to MGE
- Hormel Foods has Recommendation mean of 3.42
- Imperial Oil has Recommendation mean of 3.42
- Clovis Oncology Inc has Recommendation mean of 3.43
- Commerce Bancshares has Recommendation mean of 3.44
- Triumph has Recommendation mean of 3.45
- Nexa Resources S.A has Recommendation mean of 3.45
- MGE has Recommendation mean of 3.50
- Waters has Recommendation mean of 3.53
- Franklin Resources has Recommendation mean of 3.53
- Nine Service Inc has Recommendation mean of 3.57
- CVR Inc has Recommendation mean of 3.57
- Moneygram International has Recommendation mean of 3.57
- Hersha Hospitality Trust has Recommendation mean of 3.58