<- Go home

Added to YB: 2024-10-18

Pitch date: 2024-10-17

CEG [bullish]

Constellation Energy Corporation

+32.39%

current return

Author Info

No bio for this author

Company Info

Constellation Energy Corporation produces and sells energy products and services in the United States.

Market Cap

$106.0B

Pitch Price

$265.87

Price Target

342.00 (-3%)

Dividend

0.46%

EV/EBITDA

18.13

P/E

38.86

EV/Sales

4.48

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)