In a report released today, Tate Sullivan from Maxim Group maintained a Buy rating on Chesapeake Utilities Corp (CPK), with a price target of $100. The company’s shares opened today at $88.29.
Sullivan said:
“We slightly increase our 2020 EPS to $4.02 (from $4.01) after CPK bought a Pennsylvania propane business with 2,500 customers.”
Sullivan has an average return of 8.1% when recommending Chesapeake Utilities Corp.
According to TipRanks.com, Sullivan is ranked #3223 out of 5100 analysts.
Currently, the analyst consensus on Chesapeake Utilities Corp is a Moderate Buy with an average price target of $91.33.
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The company has a one-year high of $93.40 and a one-year low of $66.35. Currently, Chesapeake Utilities Corp has an average volume of 59.92K.
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Chesapeake Utilities Corp. engages in the business of energy and utility services. It operates through the following segments: Regulated Energy; Unregulated Energy; and Other Businesses and Eliminations. The Regulated Energy segment distributes and transmits gas, natural gas, and electricity.
