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SO, DUK, and AEP: Analysts’ Views and Target Prices

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Analysts’ target prices

Southern Company (SO) stock has a potential downside of ~1% from its current level of $47.22. Analysts have given Southern Company a median target price of $46.78.

Among the 20 analysts surveyed by Reuters that cover Southern Company, 11 recommended a “hold,” two recommended a “buy,” five recommended a “sell,” and two recommended a “strong sell” as of December 11. Credit Suisse raised Southern Company’s target price from $44.0 to $46.0 on December 6.

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Peers’ target prices

Reuters compiled data from 19 analysts tracking American Electric Power (AEP) stock. Five analysts recommended a “strong buy,” nine recommended a “buy,” and five recommended a “hold.” None of the analysts recommended a “sell.”

American Electric Power is trading at $79.36. The median target price for the stock in the next year is $78.06, which indicates a downside of 1.6% from the current level. SunTrust Robinson Humphrey raised American Electric Power’s target price from $84.0 to $85.0 on December 3.

Duke Energy (DUK) poses a downside of more than 4% from its current market price of $90.51. Wall Street analysts have given Duke Energy a median target price of $86.53.

Among the 18 analysts covering Duke Energy, two recommended a “strong buy,” five recommended a “buy,” ten recommended a “hold,” and one recommended a “sell.”

To learn about the biggest utility stocks (XLU) in the country, read The Top Ten S&P 500 Utility Stocks by Market Capitalization.

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