The energy giant, CMS Energy Corporation, got its stock price objective by the research analysts at the financial services firm, SunTrust. According to the report submitted to the clients and investors by the energy corporation on Monday, the price objective by SunTrust has been lowered to $35.00 from $36.00. This price target indicates that there is a potential downside from the current price of the company, which might be of 0.48%. In the previous trading that was held on Monday, CMS Energy stock was trading 0.11% down. The shares initiated at $34.87 and during the course of the session, they were seen at a higher level of $35.28 and finally were called off at a final share price of $35.17. The shares that were being trading at the session were 762,059 shares. The highest and the lowest share price in a year were seen at $38.655 and $31.22 respectively. Apart from the estimations by the analysts at SunTrust, a number of other research and financial services firms. Eight analysts from various financial services and brokerage firms have shared their expected target price in the short term. The target price by these stock experts is $36.69 and is, as per the suggestions, likely to deviate from this estimate by $1.33. According to these estimations, the highest target price might be seen at $38 and the lowest could be at $34. In the past twelve months, however the CMS stock has increased by 5.77% along with a one-year high share price of $38.66 registered by the company on January 20, 2015 and a one-year low of $31.22, which it reported on June 26, 2015. Additionally, as per the Insider Trading report submitted to the Securities and Exchange, the energy company’s Senior Vice President, Malone Daniel, unloaded 4,508 shares worth $160,755 as the price per share was $35.66. CMS Energy has increased by 5.93% in a span of 90 days. Presently, the number of shares that the Insiders of the company own is 0.86% and the Institutional Investors own 89.07%. A net variation in the percentage witnessed in the shares owned by insiders saw a change of -3.58% while the institutional investors saw a change of -3.58% in the last six months. In a week’s time, however the shares have declined about 1.32% and have gone down by 2.5% in a month. Many companies are competing in the energy sector for growth and excellence.
