Alliant Energy Corporation with ticker code (LNT) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $57.00 and $48.50 with the average target price sitting at $52.96. Given that the stocks previous close was at $48.63 this indicates there is a potential upside of 8.9%. It’s also worth noting that there is a 50 day moving average of $48.54 and the 200 moving average now moves to $50.46. The company has a market capitalization of 12.36B. The stock price is currently at: $48.26 USD
The potential market cap would be $13,459,860,873 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 17.36, revenue per share of $15.92 and a 2.77% 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.
