Credit Suisse (SIX:CSGN) analyst Michael Weinstein W. maintained a Buy rating on Southern Co (NYSE:SO) on Wednesday, setting a price target of $73, which is approximately 14.85% above the present share price of $63.56.
Weinstein W. expects Southern Co to post earnings per share (EPS) of $0.37 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Southern Co, with an average price target of $65.8.
The analysts price targets range from a high of $73 to a low of $57.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $5.12 billion and a net profit of $703 million. The company's market cap is $67.16 billion.
According to TipRanks.com, Credit Suisse analyst Michael Weinstein W. is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 38.6% and a 68.87% 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.