Evercore ISI analyst Durgesh Chopra maintained a Sell rating on Southern Co (NYSE:SO) on Friday, setting a price target of $61, which is approximately 4.49% below the present share price of $63.87.
Chopra expects Southern Co to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Southern Co, with an average price target of $67.1.
The analysts price targets range from a high of $76 to a low of $57.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $5.2 billion and a net profit of $697 million. The company's market cap is $67.63 billion.
According to TipRanks.com, Evercore ISI analyst Durgesh Chopra is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.6% and a 80.65% success rate.
Founded in 1945, Georgia-based The Southern Co. is an American gas and electric utility holding company. It engages in the generation, transmission and sale of electricity. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations.