Where Do Analysts See Southern Company after Its Recent Rally?

Southern Company (SO), the third-largest US utility by market cap, has a mean target price of $46.02 compared to its current market price of $46.9, which implies a downside of ~2% over the next year. Among the 18 analysts currently covering Southern Company, ten have rated the stock as a “hold,” while one has rated it as a “strong buy” and two have rated it as a “buy.” Four analysts have rated the stock as a “sell,” and one has rated it as a “strong sell” as of July 3. UBS raised Southern Company’s price target from $46.0 to $48.0 on July 2.