Southern Company (The) – Consensus points to -.8% downside


Southern Company (The) with the ticker code (SO) now have 17 analysts covering the stock with the consensus suggesting a “Hold” rating. The range between the high target price and the low target price is between 75 and 48 by calculating the average target price that we see 67. Now with the previous close price of 67.55, this indicates that there is a downside potential of -0.8%. There is a 50-day moving average of 63.24, and the 200-day moving average is 63.57. The company’s market capitalization is $ 70,837 million. More information on: https://www.southerncompany.com

The Southern Company, through its subsidiaries, is involved in the generation, transmission and distribution of electricity. It operates in four segments: gas distribution operations, pipeline investments, gas wholesale services and gas marketing services. The Company also constructs, acquires, owns and manages power generation assets, including renewable energy and battery energy storage projects, and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia and Tennessee, as well as gas marketing services, gas wholesale services and pipeline investment operations. It owns and / or operates 30 hydropower plants, 24 fossil fuel plants, 3 nuclear plants, 13 combined cycle / cogeneration plants, 44 solar plants, 13 wind plants, 1 fuel cell plant and 1 battery storage facility; and constructs, operates and maintains 75,924 miles of natural gas pipelines and 14 storage facilities with a total capacity of 157 Bcf to provide natural gas to residential, commercial and industrial customers. The company serves approximately 8.6 million electricity and gas utility customers. It also provides products and services in the areas of energy efficiency and utility infrastructure. In addition, the company offers digital wireless and fiber optic communications services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

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