Southern Company (The) with ticker code (SO) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 87 and 53 calculating the mean target price we have 74.69. Given that the stocks previous close was at 78.12 this would imply there is a potential downside of -4.4%. The 50 day MA is 72.73 and the 200 day moving average is 69.69. The market cap for the company is $83,307m. Company Website: https://www.southerncompany.com
The potential market cap would be $79,650m 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.
