Constellation Energy Corporation with ticker code (CEG) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $215.00 and $116.00 with the average share target price sitting at $175.73. (at the time of writing). Given that the stocks previous close was at $193.08 this indicates there is a potential downside of -9.0%. There is a 50 day moving average of $156.70 and the 200 day moving average is $121.38. The total market capitalization for the company now stands at 60.50B. The stock price for the company is currently $191.98 USD
The potential market cap would be $55,060,723,910 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 38.32, revenue per share of $77.15 and a 2.09% 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.
