Southern Company: Why Analysts’ Views Changed
Wall Street analysts’ consensus price target for Southern Company (SO) is $50.78. Its current market price is $49.97, which implies a rise of 1.6% over the next year.
Of the 21 analysts tracking Southern Company, one recommends a “buy,” one recommends a “strong buy,” and 14 recommend a “hold.” Southern Company had three “sell” and two “strong sell” recommendations on April 27, 2017.
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The consensus price target for Duke Energy (DUK) is $82.69. Its current market price is $82.60, which implies flattish movement over the next year.
Read SO or DUK: Which Utility Has the Best Growth Prospects? to learn about a dividend face-off between two industry giants.
For ongoing updates on the industry, visit Market Realist’s Power Utilities page.