Impact of Brokerage Rating on Alliant Energy Corporation(LNT)

Many Alliant Energy Corporation(LNT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Alliant Energy Corporation was Downgraded by Macquarie to Neutral on Jan 24, 2017.

Company has reported several Insider transactions to the SEC, on Nov 7, 2016, Deborah B. Dunie (director) purchased 1,350 shares at 37.24 per share price.On Aug 10, 2016, Patricia L Kampling (Chairman, President and CEO) sold 0 shares at 39.30 per share price.On Jul 12, 2016, James H Gallegos (SVP, Gen Cnsl and Corp Sec) sold 5,000 shares at 40.29 per share price.

Alliant Energy Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.11. Analyst had a consensus of $0.91. The company had revenue of $924.60 million for the quarter, compared to analysts expectations of $1400.71 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.63 EPS.

Alliant Energy Corporation (NYSE:LNT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

Alliant Energy Corporation (NYSE:LNT): The mean estimate for the short term price target for Alliant Energy Corporation (NYSE:LNT) stands at $39.67 according to 3 Analysts. The higher price target estimate for the stock has been calculated at $42 while the lower price target estimate is at $37.

Alliant Energy Corporation (NYSE:LNT) witnessed a decline in the market cap on Tuesday as its shares dropped 0.84% or 0.32 points. After the session commenced at $37.89, the stock reached the higher end at $37.97 while it hit a low of $37.42. With the volume soaring to 887,494 shares, the last trade was called at $37.67. The company has a 52-week high of $40.99. The company has a market cap of $8,570 million and there are 227,500,430 shares in outstanding. The 52-week low of the share price is $33.075.

Alliant Energy Corp. is a growing energy-services provider with operations both domestically and internationally. Alliant Energy provides electric, natural gas, water and steam services to customers worldwide. Alliant Energy Resources, Inc., the home of the companys non-regulated businesses, has operations and investments throughout the United States as well as in Australia, Brazil, China, Mexico and New Zealand. (Company Press Release)


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