Chesapeake Utilities Corporatio with ticker code (CPK) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 165 and 117 with the average target price sitting at 136.43. With the stocks previous close at 134.43 this would indicate that there is a potential upside of 1.5%. There is a 50 day moving average of 136.13 and the 200 day MA is 127.05. The market cap for the company is $2,398m. You can visit the company’s website by visiting: https://www.chpk.com
The potential market cap would be $2,434m based on the market concensus.
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland’s eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
