RBC Capital analyst Shelby Tucker maintained a Buy rating on Southern Company (NYSE:SO) on Wednesday, setting a price target of $73, which is approximately 22.26% above the present share price of $59.71.
Tucker expects Southern Company to post earnings per share (EPS) of $1.18 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Southern Co , with an average price target of $65.42.
The analysts price targets range from a high of $75 to a low of $53.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5.62 billion and a net profit of $1.84 billion. The company's market cap is $63.07 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 69.41% success rate.
The Southern Co. is a holding company. The firm engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power and Southern Company Gas. The Traditional Electric Operating Companies segment refers to vertically integrated utilities that own generation, transmission and distribution facilities, and supplies electric services in the states of Alabama, Georgia, Florida, and Mississippi. The Southern Power segment constructs, acquires, owns, and manages generation assets such as renewable energy projects and sells electricity in the wholesale market. The Southern Company Gas segment distributes natural gas through natural gas distribution facilities in the states of Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The company was founded on November 9, 1945 and is headquartered in Atlanta, GA.