Southern Company (The) with ticker code (SO) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 77 and 48 calculating the mean target price we have 68.66. Now with the previous closing price of 66.4 this would imply there is a potential upside of 3.4%. There is a 50 day moving average of 67.04 and the 200 day moving average is 64.54. The company has a market capitalisation of $71,650m. Visit the company website at: https://www.southerncompany.com
The potential market cap would be $74,089m based on the market concensus.
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
