Analysts’ target price
According to Wall Street analysts’ estimates, SCANA (SCG) stock has a mean target price of $58.39—compared to its current market price of $48.58. It indicates a potential upside of more than 20% going forward.
On October 3, 2017, among the ten analysts tracking SCANA, five analysts recommended a “hold,” one recommended a “strong buy,” and one recommended a “buy.” One analyst recommended a “sell” and two recommended a “strong sell.”
Top utilities’ target prices
NextEra Energy (NEE), the top utility by market capitalization, has a mean target price of $155.57, which implies an estimated upside of 6% compared to its current market price of $146.89.
Duke Energy (DUK) has an implied gain of ~3% given analysts’ mean target price of $85.93. Currently, it’s trading at $83.85.
Southern Company (SO) has a mean target price of $51.38—compared to its current market price of $48.79. It indicates an implied gain of 5% going forward.
The possibility of SCANA stock recovering looks tough. Meanwhile, the outcome of its criminal investigation on recent rate increases might continue to influence the stock in the near future.
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