In a report released today, Ali Agha from SunTrust Robinson reiterated a Hold rating on Southern Co (SO), with a price target of $50. The company’s shares opened today at $47.08.
According to TipRanks.com, Agha is a 4-star analyst with an average return of 9.2% and a 70.9% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Edison International.
The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $46.38 average price target, implying a -1.5% downside from current levels. In a report issued on November 19, Barclays also maintained a Hold rating on the stock with a $49 price target.
.
See today’s analyst top recommended stocks >>
Southern Co’s market cap is currently $48.7B and has a P/E ratio of 19.80. The company has a Price to Book ratio of 1.96.
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.
