Stocklytics Platform
Asset logo for symbol WEC
WEC Energy Group
WEC61
$81.55arrow_drop_down0.60%-$0.50
S&P500
Asset logo for symbol WEC
WEC61

$81.55

arrow_drop_down0.60%

AI Deep-Learning Forecast (WEC)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

WEC Energy Group (WEC) Stocklytics Forecast

The stock price of WEC Energy Group Inc (WEC) has been the subject of much speculation and prediction in recent months. Many analysts and investors are eagerly awaiting forecasts for the future performance of the company. With the increasing popularity of AI and machine learning, there has been a growing interest in using these technologies to predict stock prices. It is hoped that these advanced techniques can provide more accurate and reliable forecasts, helping investors make informed decisions. However, it is important to note that stock price predictions are inherently uncertain and should be taken with a grain of salt.

According to some analysts, WEC Energy Group Inc is expected to experience steady growth in the coming years. The company operates in the energy sector and has a strong market presence. With the increasing demand for renewable energy sources, WEC Energy Group Inc is well-positioned to capitalize on this trend. Many experts believe that the company's stock price will gradually increase over time, driven by its solid financial performance and strategic initiatives. However, it is important to consider the inherent risks associated with investing in the stock market, as unforeseen events and market fluctuations can always impact stock prices.

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Frequently Asked Questions

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What is the analyst price prediction for WEC Energy Group (WEC) stock?

Analysts have set a target price of $89.55 for WEC Energy Group (WEC), based on forecasts from 29 analysts. The predicted price range extends from a high of $104 to a low of $75. This represents a potential increase of up to 27.53% and a decrease of -8.03% from the current price of $81.55. These forecasts are as of 2023 May 22.

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What are the analyst ratings for WEC Energy Group (WEC) stock?

The analyst ratings for WEC Energy Group (WEC) are distributed as follows: 4 analysts recommend buying, 6 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 11 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering WEC Energy Group .

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What is the AI price prediction for WEC Energy Group (WEC) stock?

At present, there is no AI or machine-learning-based price prediction available for WEC Energy Group (WEC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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