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Shares of Southern (NYSE:SO) hit a new 52-week low on Thursday, American Banking and Market News reports. The company traded as low as $40.55 and last traded at $40.67, with a volume of 3,281,081 shares trading hands. The stock had previously closed at $41.33.

A number of analysts have recently weighed in on SO shares. Analysts at Zacks reiterated a “neutral” rating on shares of Southern (NYSE:SO) in a research note to investors on Thursday, August 22nd. They now have a $44.00 price target on the stock. Separately, analysts at UBS AG cut their price target on shares of Southern (NYSE:SO) to $46.00 in a research note to investors on Monday, August 5th. They now have a “neutral” rating on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Southern (NYSE:SO) in a research note to investors on Thursday, August 1st. They now have a $51.00 price target on the stock, up previously from $49.00. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $47.13.

Southern has a 52-week low of $40.63 and a 52-week high of $48.74. The stock has a 50-day moving average of $41.65 and a 200-day moving average of $44.56. The company has a market cap of $35.446 billion and a price-to-earnings ratio of 20.97.

Southern (NYSE:SO) last released its earnings data on Wednesday, July 31st. The company reported $0.66 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.67 by $0.01. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter last year, the company posted $0.71 earnings per share. Southern’s revenue was up 1.6% compared to the same quarter last year. On average, analysts predict that Southern will post $2.74 earnings per share for the current fiscal year.

The Southern Company (NYSE:SO)is a holding company, which owns all of the common stock of the traditional operating companies, including Alabama Power Company (Alabama Power), Georgia Power Company (Georgia Power), Gulf Power Company (Gulf Power), and Mississippi Power Company (Mississippi Power) ,and Southern Power Company (Southern Power), and other direct and indirect subsidiaries (together, the Southern Company system).

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