Professional
Added to YB: 2024-10-18
Pitch date: 2024-10-17
CEG [bullish]
Constellation Energy Corporation
-9.75%
current return
Author Info
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Company Info
Constellation Energy Corporation produces and sells energy products and services in the United States.
Market Cap
$88.7B
Pitch Price
$265.11
Price Target
342.00 (+43%)
Dividend
0.69%
EV/EBITDA
13.61
P/E
21.21
EV/Sales
3.70
Sector
Electric Utilities
Category
growth
Show full summary:
Constellation Energy (CEG) Receives Overweight Rating from JPMorgan with $342 Price Target
CEG: JPMorgan initiates Overweight, PT $342. 13% base EPS CAGR to 2030, upside from nuclear contracts. 22GW nuclear fleet, unique carbon-free baseload. TMI restart shows potential. Strong balance sheet (<2.0x leverage). Trades 16.5x 2025E EV/EBITDA vs 11.8x peer mean. Analyst: Jeremy Tonet.
Read full article (1 min)