Constellation Energy Corporation with ticker code (CEG) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $151.00 and $51.00 suggesting an average analyst share price target price of $122.82. (at the time of writing). Given that the stocks previous close was at $129.71 this would imply there is a potential downside of -5.3%. The day 50 moving average is $118.02 and the 200 day MA is $104.51. The company has a market cap of 40.57B. The stock price for the company is currently $127.03 USD
The potential market cap would be $38,416,021,466 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 24.38, 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.
