SCANA Corporation (NYSE:SCG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Zacks Investment Research has downgraded SCANA Corporation (NYSE:SCG) to Hold in a statement released on 9/27/2016.
On Wednesday September 21, 2016, Zacks Investment Research released a statement on SCANA Corporation (NYSE:SCG) bumped up the target price from $0.00 to $81.00 that suggested an upside of 0.11%.
Boasting a price of $75.40, SCANA Corporation (NYSE:SCG) traded -1.16% lower on the day. With the last close up 4.41% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. SCANA Corporation has recorded a 50-day average of $72.11 and a two hundred day average of $71.19. Volume of trade was down over the average, with 381,313 shares of SCG changing hands under the typical 799,292
With a total market value of $0, SCANA Corporation has price-earnings ratio of 20.12 with a one year low of $54.11 and a one year high of $76.41 .
A total of 7 analysts have released a research note on SCG. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $64.86.
More About SCANA Corporation (NYSE:SCG)
SCANA Corporation is a holding company. The Company, through its subsidiaries, is engaged in generation, transmission, distribution and sale of electricity, and the purchase, sale and transportation of natural gas in North Carolina and South Carolina. It operates through segments, including Electric Operations, Gas Distribution, Retail Gas Marketing, Energy Marketing and All Other. The Electric Operations segment generates, transmits and distributes electricity. The Gas Distribution segment, consists of local distribution operations of South Carolina Electric & Gas Company and Public Service Company of North Carolina, Incorporated, purchases and sells natural gas at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers, and municipalities in the Southeast. All Other consists of the holding company and its other direct and indirect subsidiaries, which conduct non-regulated, energy-related operations.
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