Southern (NYSE:SO) received a $46.00 price target from analysts at SunTrust Banks in a research report issued on Monday. The firm currently has a “hold” rating on the utilities provider’s stock. SunTrust Banks’ target price indicates a potential upside of 4.19% from the company’s current price.
A number of other brokerages also recently issued reports on SO. Zacks Investment Research raised Southern from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Bank of America reaffirmed an “underperform” rating and issued a $51.00 price target on shares of Southern in a report on Tuesday, October 24th. Mizuho reaffirmed a “buy” rating and issued a $55.00 price target on shares of Southern in a report on Friday, December 8th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Southern in a report on Friday, December 22nd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $52.00 price target on shares of Southern in a report on Wednesday, January 3rd. Six analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $50.43.
Shares of Southern (NYSE:SO) traded down $0.18 on Monday, reaching $44.15. The company had a trading volume of 2,350,265 shares, compared to its average volume of 8,270,290. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.73 and a quick ratio of 0.57. The firm has a market capitalization of $44,490.83, a P/E ratio of 78.95, a price-to-earnings-growth ratio of 3.29 and a beta of 0.03. Southern has a 52-week low of $42.63 and a 52-week high of $53.51.
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Southern Company Profile
The Southern Company (Southern Company) is a holding company. The Company owns all of the stock of the traditional electric operating companies and the parent entities of Southern Power Company (Southern Power) and Southern Company Gas, and owns other direct and indirect subsidiaries. The Company’s segments include Gas distribution operations, Gas marketing services, Wholesale gas services, Gas midstream operations and All other.
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