SunTrust Robinson Reiterates Their Hold Rating on Southern Co (SO)

By Austin Angelo

In a report released yesterday, Ali Agha from SunTrust Robinson reiterated a Hold rating on Southern Co (SOResearch Report), with a price target of $47. The company’s shares closed yesterday at $44.61.

According to, Agha is a 4-star analyst with an average return of 8.4% and a 67.3% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Edison International.

The word on The Street in general, suggests a Hold analyst consensus rating for Southern Co with a $47.25 average price target, representing a 5.9% upside. In a report issued on December 28, Argus Research also maintained a Hold rating on the stock.


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Southern Co’s market cap is currently $45.9B and has a P/E ratio of 18.67. The company has a Price to Book ratio of 1.85.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2018, Wilson Anthony L, the Pres & CEO, Mississippi Power of SO sold 35,061 shares for a total of $1,655,931.

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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.