Scotiabank analyst Andrew Weisel reiterated a Hold rating on Southern Co (NYSE: SO) yesterday and set a price target of $44. The company’s shares closed yesterday at $46.88.
According to TipRanks.com, Weisel is a 1-star analyst with an average return of -1.7% and a 45.8% success rate. Weisel covers the Utilities sector, focusing on stocks such as American Electric Power, Alliant Energy Corp, and Dominion Resources.
The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $45.50 average price target, which is a -2.9% downside from current levels. In a report issued on August 6, SunTrust Robinson also reiterated a Hold rating on the stock with a $50 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $53.51 and a one-year low of $42.38. Currently, Southern Co has an average volume of 5.02M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
