Southern Co (SO) Receives a Hold from SunTrust Robinson

By Jason Carr

In a report released today, Ali Agha from SunTrust Robinson reiterated a Hold rating on Southern Co (SOResearch Report), with a price target of $52. The company’s shares opened today at $50.25, close to its 52-week high of $50.54.

According to, Agha is a 5-star analyst with an average return of 11.2% and a 73.8% success rate. Agha covers the Utilities sector, focusing on stocks such as Vistra Energy Corp, Pnm Resources Inc, and Duke Energy Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $48.69 average price target, representing a -3.1% downside. In a report issued on February 21, Merrill Lynch also maintained a Hold rating on the stock with a $51 price target.

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Southern Co’s market cap is currently $52.08B and has a P/E ratio of 21.08. The company has a Price to Book ratio of 2.08.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Mark Lantrip, the Chair, President & CEO, SCS of SO sold 33,000 shares for a total of $1,633,500.

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The Southern Co. is a holding company, which engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power, Southern Company Gas, and All Other.