Avista Corporation with ticker code (AVA) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 49 and 35 and has a mean target at 42.6. Now with the previous closing price of 43.69 this indicates there is a potential downside of -2.5%. The 50 day moving average now sits at 44.03 and the 200 day MA is 42.12. The market cap for the company is $3,153m. Visit the company website at: https://www.avistacorp.com
The potential market cap would be $3,074m based on the market concensus.
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,400 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydroelectric, thermal, and wind facilities. As of February 23, 2022, it provided electric service to 406,000 customers and natural gas to 372,000 customers. In addition, the company engages in venture fund investments, real estate investments, and other investments. Avista Corporation was orporated in 1889 and is headquartered in Spokane, Washington.
