Scana Corporation (NYSE:SCG) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.04 by 7 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Morgan Stanley downgrades the rating on Scana Corporation (NYSE:SCG). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Equal-weight. The rating by the firm was issued on June 15, 2016.
Scana Corporation (NYSE:SCG) should head towards $70.25 per share according to 4 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $61 per share. The higher price estimate target is at $84 according to the Analysts.
Scana Corporation (NYSE:SCG) rose 0.22% or 0.16 points on Tuesday and made its way into the gainers of the day. After trading began at $71.36 the stock was seen hitting $72.06 as a peak level and $70.93 as the lowest level. The stock ended up at $71.52. The daily volume was measured at 999,365 shares. The 52-week high of the share price is $72.3 and the 52-week low is $50.01. The company has a market cap of $10,221 million.
SCANA Corp. has dropped 1.01% in the last five trading days, however, the shares have posted positive gains of 5.4% in the last 4 weeks. SCANA Corp. is up 6.23% in the last 3-month period. Year-to-Date the stock performance stands at 20.25%.
SCANA Corporation is a holding company. SCANA, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina and in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries, SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast, and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations, Gas Distribution, Retail Gas Marketing and All Other. Electric Operations primarily generates, transmits and distributes electricity. Gas Distribution purchases and sells natural gas, primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.