Alliant Energy Corporation – Consensus ‘buy’ rating and -1.8% Downside Potential

Broker Ratings
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Alliant Energy Corporation with ticker code (LNT) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $56.00 and $50.00 with the average target price sitting at $53.68. Given that the stocks previous close was at $54.66 this is indicating there is a potential downside of -1.8%. The 50 day moving average now sits at $51.16 while the 200 day moving average is $49.99. The market cap for the company is 14.24B. The current stock price for Playtika Holding Corp. is currently $55.55 USD

The potential market cap would be $13,986,511,026 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 20.2, revenue per share of $15.66 and a 2.76% return on assets.

Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company is focused on providing regulated electric and natural gas service to its customers in the Midwest through its two public utility subsidiaries, Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The Company’s segments include Utility and ATC Holdings, Non-utility, Parent and Other. The Utility segment includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. Its ATC Holdings, Non-utility, Parent and Other segment includes the operations of Alliant Energy Finance, LLC (AEF) and its subsidiaries, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.

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