Southern Company (The) with ticker code (SO) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 82 and 58.85 with a mean TP of 71.43. Given that the stocks previous close was at 65.18 this would indicate that there is a potential upside of 9.6%. The day 50 moving average is 69.09 and the 200 day moving average is 71.1. The market cap for the company is $72,554m. You can visit the company’s website by visiting: https://www.southerncompany.com
The potential market cap would be $79,511m based on the market concensus.
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. 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, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 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 8.8 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.
