Southwest Gas Holdings, Inc. – Consensus ‘Buy’ rating and 20.4% Upside Potential

Broker Ratings
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Southwest Gas Holdings, Inc. with ticker code (SWX) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 84 and 62 with the average target price sitting at $68.75. Now with the previous closing price of $57.10 this would indicate that there is a potential upside of 20.4%. It’s also worth noting that there is a 50 day moving average of $61.38 and the 200 day moving average is $69.99. The company has a market cap of $4,100m. Find out more information at: https://www.swgasholdings.com

The potential market cap would be $4,936m based on the market consensus.

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

The company has a dividend yield of 4.31% with the ex dividend date set at 12-5-2023 (DMY).

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