Published On: Wed, Oct 19th, 2016

ITC Holdings Corp. (NYSE:ITC) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for ITC Holdings Corp. (NYSE:ITC).

03/15/2016 – Broker: Deutsche Bank Rating: hold New Target: 43 downgrade

02/26/2016 – Broker: Gabelli Rating: hold reiteration

02/10/2016 – Broker: Wunderlich Rating: buy New Target: 44 reiteration

02/10/2016 – Broker: Wells Fargo Rating: market perform downgrade

12/02/2015 – Broker: UBS Rating: neutral New Target: 37 upgrade

12/02/2015 – Broker: Argus Rating: hold reiteration

11/20/2015 – Broker: Citigroup Rating: buy New Target: 36 newcoverage

11/06/2015 – Broker: Barclays Rating: equal weight New Target: 36 reiteration

05/01/2015 – Broker: Zacks Rating: sell downgrade

04/13/2015 – Broker: Goldman Sachs Rating: sell New Target: 34 newcoverage

01/12/2015 – Broker: JP Morgan Rating: neutral New Target: 44 reiteration

10/27/2014 – Broker: Morgan Stanley Rating: overweight New Target: 50 reiteration

10/17/2014 – Broker: Credit Suisse Rating: neutral New Target: 36 upgrade

08/13/2014 – Broker: Leerink Swann Rating: outperform New Target: 34 newcoverage

04/21/2014 – Broker: Evercore ISI Rating: neutral New Target: 40 reiteration

The average price target from the most recent broker reports is 39.45

The stock increased +0.00% (+0.00) during the last days session, reaching 45.50 and roughly 0 shares were bought or sold by traders. ITC Holdings Corp. (NYSE:ITC) has increased by +37.05% over 12 months.

ITC Holdings Corp. (ITC Holdings) is a holding company. The Company is engaged in owning, operating, maintaining and investing in transmission infrastructure. The Company’s business consists primarily of the electric transmission operations of its Regulated Operating Subsidiaries. Its Regulated Operating Subsidiaries include International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC), ITC Midwest LLC (ITC Midwest). The operations performed by its Regulated Operating Subsidiaries fall into the various categories, such as asset planning; engineering, design and construction; maintenance, and real time operations. Its customers include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. It owns and operates high-voltage systems in Michigan’s Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma.