Chesapeake Utilities Corporatio – Consensus Indicates Potential 4.4% Upside

Broker Ratings

Chesapeake Utilities Corporatio found using ticker (CPK) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 155 and 112 calculating the average target price we see 130.57. With the stocks previous close at 125.07 this would indicate that there is a potential upside of 4.4%. There is a 50 day moving average of 129 and the 200 day MA is 121.24. The market cap for the company is $2,150m. Visit the company website at: http://www.chpk.com

Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland’s eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.

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