Southern Company (NYSE: SO) Downgraded Again

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Southern Co (SO) Shares Downgraded to a “Average” Rating by Caris & Co. Analysts

 

Posted by on Jan 3rd, 2012 // No Comments

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Southern Co (NYSE: SO) was downgraded by equities research analysts at Caris & Co. to an “average” rating in a research note issued to investors on Tuesday.

Separately, analysts at Wells Fargo & Co. (NYSE: WFC) downgraded shares of Southern Co from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday. Analysts at Argus downgraded shares of Southern Co from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, December 13rd. Also, analysts at Macquarie downgraded shares of Southern Co from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 12nd.

The Southern Company (Southern Company) owns all of the outstanding common stock of Alabama Power, Georgia Power, Gulf Power, and Mississippi Power, each of which is an operating public utility company. The traditional operating companies supply electric service in the states of Alabama, Georgia, Florida, and Mississippi. In addition, Southern Company owns all of the common stock of Southern Power, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets and sells electricity at market-based rates in the wholesale market. Southern Company also owns all of the outstanding common stock or membership interests of SouthernLINC Wireless, Southern Nuclear, SCS, Southern Holdings, Southern Renewable Energy, and other direct and indirect subsidiaries. SouthernLINC Wireless provides digital wireless communications for use by Southern Company and its subsidiary companies.

Shares of Southern Co traded down 1.17% during mid-day trading on Tuesday, hitting $45.75. Southern Co has a 52 week low of $35.73 and a 52 week high of $46.69. The stock’s 50-day moving average is $44.28 and its 200-day moving average is $42.01. The company has a market cap of $39.433 billion and a price-to-earnings ratio of 18.94.  HERE

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About Mississippi Coal
Welcome! It is an honor to have a moment of your day. We are in favor of all forms of energy. We care about the future of this great Nation and seek to expose the corruption behind the Kemper County CO2 capturing experimental Lignite coal Demonstration unit. Our Chief complaint is that the rate payers pay for it in their electric bills. The CO2 capturing does not produce electricity so therefore serves no purpose for the ratepayers. It is a money scam for Mississippi power and Southern Company. Mississippi is first in following the (United Nation's Agenda 21) Kyoto Protocols for the regulation of carbon dioxide, a gas we breathe out of our lungs, by forcing the people to pay for it through energy bills and taxes. Through the process of investigating the Kemper County Coal Plant issue, we feel criminal acts have been committed and that soon FCC violations will be added to the offenses. People are being lied to, deceived, or misled and therefore are fully cooperating with this Lignite experiment. "This blog or any content may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of political pathways, Constitutional infringements, democracy, science, and other issues. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. This material is compiled and distributed without profit. This blog does not always agree with certain personal views or agendas of the published authors, but we will overlook such views many times in order to present facts, conclusions, and connections for knowledge or clarification. We hope you gain from this critical subject matter of the article/op-ed."

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