Southern Co (SO) Receives a Rating Update from a Top Analyst
BMO Capital analyst James Thalacker reiterated a Buy rating on Southern Co today and set a price target of $103.00.
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Thalacker covers the Utilities sector, focusing on stocks such as PPL, CMS Energy, and Sempra Energy. According to TipRanks, Thalacker has an average return of 15.4% and a 74.82% success rate on recommended stocks.
In addition to BMO Capital, Southern Co also received a Buy from TipRanks – DeepSeek’s DeepSeek Regulated Electric in a report issued on March 20. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Southern Co (NYSE: SO).
Based on Southern Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.98 billion and a net profit of $416 million. In comparison, last year the company earned a revenue of $6.34 billion and had a net profit of $534 million
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SO in relation to earlier this year. Earlier this month, Stan Connally, the EVP & COO of SO sold 12,500.00 shares for a total of $1,214,125.00.
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