In a report released today, Neil Kalton from Wells Fargo maintained a Buy rating on Constellation Energy Corporation (CEG – Research Report), with a price target of $250.00. The company’s shares closed yesterday at $217.74.
According to TipRanks, Kalton is a 5-star analyst with an average return of 8.0% and a 64.29% success rate. Kalton covers the Utilities sector, focusing on stocks such as NextEra Energy, NRG Energy, and PPL.
Currently, the analyst consensus on Constellation Energy Corporation is a Moderate Buy with an average price target of $215.89, representing a -0.85% downside. In a report released on May 12, BMO Capital also reiterated a Buy rating on the stock with a $247.00 price target.
The company has a one-year high of $220.52 and a one-year low of $77.79. Currently, Constellation Energy Corporation has an average volume of 2.77M.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is neutral on the stock.
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Constellation Energy Corporation (CEG) Company Description:
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
