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Southern Co (SO) Gets a Hold Rating from Scotiabank


Scotiabank analyst Andrew Weisel reiterated a Hold rating on Southern Co (SO) on November 7 and set a price target of $45. The company’s shares closed yesterday at $46.58.

According to TipRanks.com, Weisel is ranked #3546 out of 4912 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $46.75 average price target, representing a 0.4% upside. In a report issued on October 29, UBS also maintained a Hold rating on the stock with a $47 price target.

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Southern Co’s market cap is currently $47.93B and has a P/E ratio of 20.08. The company has a Price to Book ratio of 2.00.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.

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The Southern Co. is a holding company, which engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power, Southern Company Gas, and All Other.