# Constellation Energy Corporation – Consensus ‘buy’ rating and -3.5% Downside Potential

- Link: https://www.directorstalkinterviews.com/constellation-energy-corporation-consensus-buy-rating-and-3.5-downside-potential/4121132984
- Published: 2023-11-16T12:28:00+00:00
- Author: Charlotte Edwards

**Constellation Energy Corporation** which can be found using ticker (CEG) have 
now 12 confirmed analysts covering the stock with the consensus suggesting a rating
of ‘buy’. The range between the high target price and low target price is between
$151.00 and $51.00 and has a mean target at $122.08. Given that the stocks previous
close was at $126.52 this would imply there is a potential downside of -3.5%. The
day 50 moving average is $113.27 and the 200 moving average now moves to $93.85.
The market capitalization for the company is 38.96B. The stock price for the company
is currently is currently $121.99 USD

 The potential market cap would be $37,594,126,926 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 23.41, revenue per share of $81.21
and a 2.2% return on assets.

Constellation Energy Corporation is a producer of clean energy and a supplier of
energy products and services. The Company operates through five segments: Mid-Atlantic,
Midwest, New York, ERCOT, and Other Power Regions, including New England, South,
West and Canada. The Company’s generating capacity includes primarily nuclear, wind,
solar, natural gas and hydroelectric assets. Through its integrated business operations,
the Company sells electricity, natural gas, and other energy-related products and
sustainable solutions to various types of customers. The Company serves industries,
including distribution utilities, municipalities, cooperatives, and commercial, 
industrial, governmental, and residential customers in markets across multiple geographic
regions. Its fleet is enabling the acceleration of the nation’s transition to a 
carbon-free future with more than 32,355 megawatts of capacity. The Company serves
over 48 states, the District of Columbia, Canada, and the United Kingdom.

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