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SO on the Street: Analyst Recommendations and Price Targets


Nov. 20 2020, Updated 4:20 p.m. ET

Southern Company’s price targets

The consensus Wall Street analyst price target for Southern Company (SO) is $50.76. Its current market price is $49.78, implying a rise of 2% over the next year.

Of the 21 analysts tracking Southern Company, one recommends a “buy,” while one recommends a “strong buy,” and 13 recommend a “hold.” Southern Company has four “sell” and two “strong sell” recommendations as of April 3, 2017.

Renewables giant NextEra Energy (NEE) appears to have an attractive potential upside potential for the next year. It has a price target of $137.47, which implies an estimated upside of nearly 7% in one year.

Many utilities are currently offering dull upsides for the next year, given analysts’ price targets. However, some S&P 500 utilities (XLU) still offer handsome upsides from their current levels.

For more information, read Market Realist’s series These S&P 500 Utilities Offer Big Upsides after the Rate Hike.

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

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