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Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on WEC Energy Stock?

With a market cap of $35.9 billion, WEC Energy Group, Inc. (WEC) is a leading energy company serving approximately 4.8 million customers across Wisconsin, Illinois, Michigan, and Minnesota. Its diverse portfolio includes major utility subsidiaries, electric generation through We Power, and renewable energy assets operated by WEC Infrastructure LLC across several U.S. states.

Shares of the electricity and natural gas provider have underperformed the broader market over the past 52 weeks. WEC stock has risen 1.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.5%. Moreover, shares of the company are up nearly 4% on a YTD basis, compared to SPX's 13.8% gain.

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