Constellation Energy Corporation which can be found using ticker (CEG) have now 12 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 $151.00 and $51.00 calculating the mean target price we have $122.08. Given that the stocks previous close was at $122.28 this would imply there is a potential downside of -.2%. Also worth taking note is the 50 day moving average now sits at $114.32 and the 200 moving average now moves to $94.60. The total market capitalization for the company now stands at 39.13B. The stock price is currently at: $122.51 USD
The potential market cap would be $39,063,494,010 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 23.51, revenue per share of $81.21 and a 2.2% return on assets.
Constellation Energy Corporation is a producer of clean energy and a supplier of energy products and services. The Company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions, including New England, South, West and Canada. The Company’s generating capacity includes primarily nuclear, wind, solar, natural gas and hydroelectric assets. Through its integrated business operations, the Company sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers. The Company serves industries, including distribution utilities, municipalities, cooperatives, and commercial, industrial, governmental, and residential customers in markets across multiple geographic regions. Its fleet is enabling the acceleration of the nation’s transition to a carbon-free future with more than 32,355 megawatts of capacity. The Company serves over 48 states, the District of Columbia, Canada, and the United Kingdom.
