X
<

Southern Company Asks Toshiba to Pay Up for Vogtle Construction

PART:
1 2 3 4 5
Part 5
Southern Company Asks Toshiba to Pay Up for Vogtle Construction PART 5 OF 5

What Analysts Recommend for Southern Company

Analyst recommendations

Wall Street analysts’ consensus price target for Southern Company (SO) is $50.59. The stock’s current market price is $50.07, implying a potential rise of 1% for it over the next year.

Of the 21 analysts tracking Southern Company, one has recommended a “buy,” one has recommended a “strong buy,” and 14 have have recommended “holds.” Southern Company also has three “sell” and two “strong sell” recommendations on May 8, 2017.

What Analysts Recommend for Southern Company

Interested in XLU? Don't miss the next report.

Receive e-mail alerts for new research on XLU

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Wall Street analysts’ consensus price target for Duke Energy (DUK) is $83.63. Its current market price is $82.04, implying a potential rise of nearly 2.0% over the next year.

NextEra Energy (NEE) has a price target of $142.08 compared to its current market price of $133.36. This difference implies an expected rise of 6.5% for the stock over the next year.

Utilities’ outlook

US utilities have been trading at premium valuations for quite a long time now. The last significant downfall that US utility stocks witnessed was in mid-2016. After the 2016 elections, utilities again started rallying despite the increased possibility of interest rate hikes. Going forward, higher interest rates could affect utilities negatively.

US utilities’ (XLU) dividend yield premiums over the ten-year Treasury yield (TLT) have fallen significantly from more than 200 basis points in mid-2016 to less than 100 basis points now.

However, on a positive note, US utilities currently look fundamentally strong, and their expected healthy earnings and dividend growth rates could keep them strong going forward.

For ongoing updates on the industry, keep checking in with Market Realist’s Power Utilities page.

X

Please select a profession that best describes you: