Are Analysts Bearish Southern Company Gas (NYSE:GAS) After Last Week?

July 18, 2017 - By Dolores Ford

 Are Analysts Bearish Southern Company Gas (NYSE:GAS) After Last Week?

Southern Company Gas (NYSE:GAS) Ratings Coverage

Among 2 analysts covering AGL Resources (NYSE:GAS), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. AGL Resources had 2 analyst reports since August 25, 2015 according to SRatingsIntel. Barclays Capital downgraded Southern Company Gas (NYSE:GAS) rating on Monday, January 11. Barclays Capital has “Underweight” rating and $66 target. Argus Research downgraded the stock to “Buy” rating in Tuesday, August 25 report. Below is a list of Southern Company Gas (NYSE:GAS) latest ratings and price target changes.

It closed at $65.97 lastly. It is down 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Southern Company Gas, formerly AGL Resources Inc, is a natural gas-only distribution company. The company has market cap of $7.96 billion. The Firm operates in four operating divisions: distribution operations, retail operations, wholesale services and midstream operations. It has a 23.2 P/E ratio. The Company’s distribution activities segment is engaged in providing natural gas to residential, commercial and industrial customers.

More notable recent Southern Company Gas (NYSE:GAS) news were published by: Seekingalpha.com which released: “Southern Company: ‘Clean Coal’ Might Burn Only Natural Gas, But Not A Ship Sinker” on June 22, 2017, also Prnewswire.com with their article: “Southern Company subsidiary and Wärtsilä sign agreement to develop flexible …” published on June 30, 2017, Al.com published: “Southern Company’s $7 billion clean coal plant to run on natural gas” on June 28, 2017. More interesting news about Southern Company Gas (NYSE:GAS) were released by: Prnewswire.com and their article: “Southern Company building the future of energy with new battery storage …” published on July 12, 2017 as well as Prnewswire.com‘s news article titled: “Southern Company announces quarterly dividend” with publication date: July 17, 2017.

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