FBR Capital Maintains an 'Outperform' on SCANA Corp (SCG); No Meltdown Here
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Price: $47.78 --0%
Rating Summary:
3 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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FBR Capital maintains an 'Outperform' on SCANA Corp (NYSE: SCG), PT to $42.50.
FBR analyst says, "Our 2011, 2012, and 2013 EPS estimates are now $3.10, $3.27, and $3.43, versus $3.10, $3.25, and $3.43, previously. We have adjusted our 2012 estimate due to the timing of equity issuances under the equity forward agreement...We expect that SCG stock could recover a bit more from its first-quarter hiccup as it becomes evident that the company is being conservative in its outlook. That said, the risk and reward proposition of the stock is changing as it approaches our price target and now trades closer to peers."
For more ratings news on SCANA Corp click here and for the rating history of SCANA Corp click here.
Shares of SCANA Corp closed at $40.59 yesterday.
FBR analyst says, "Our 2011, 2012, and 2013 EPS estimates are now $3.10, $3.27, and $3.43, versus $3.10, $3.25, and $3.43, previously. We have adjusted our 2012 estimate due to the timing of equity issuances under the equity forward agreement...We expect that SCG stock could recover a bit more from its first-quarter hiccup as it becomes evident that the company is being conservative in its outlook. That said, the risk and reward proposition of the stock is changing as it approaches our price target and now trades closer to peers."
For more ratings news on SCANA Corp click here and for the rating history of SCANA Corp click here.
Shares of SCANA Corp closed at $40.59 yesterday.
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