Southwest Gas Holdings with ticker code (SWX) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 105 and 92 with the average target price sitting at 99.75. Given that the stocks previous close was at 86.39 this indicates there is a potential upside of 15.5%. The 50 day moving average now sits at 89.6 and the 200 day moving average is 75.65. The company has a market cap of $5,772m. Company Website: https://www.swgasholdings.com
The potential market cap would be $6,665m based on the market concensus.
Southwest Gas Holdings, through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings was incorporated in 1931 and is headquartered in Las Vegas, Nevada.