El Paso Electric Company found using ticker (EE) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price ranges between 68 and 54 with the average target price sitting at 61. With the stocks previous close at 68.15 this is indicating there is a potential downside of -10.5%. The 50 day MA is 67.07 and the 200 day moving average is 67.66. The market cap for the company is $2,776m. You can visit the company’s website by visiting: http://www.epelectric.com
El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. It generates electricity through nuclear fuel, natural gas, purchased power, and solar photovoltaic panels. The company owns or has ownership interests in electrical generating facilities with a net generating capacity of approximately 2,085 megawatts; four 345 kilovolt (kv) transmission lines in New Mexico and Arizona; and three 500 kV lines in Arizona. It serves approximately 432,800 residential, commercial, industrial, public authority, and wholesale customers; and distributes electricity to retail customers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas.