RBC Capital analyst Shelby Tucker maintained a Hold rating on Chesapeake Utilities (NYSE:CPK) on Monday, setting a price target of $93, which is approximately 6.64% above the present share price of $87.21.
Tucker expects Chesapeake Utilities to post earnings per share (EPS) of $1.76 for the second quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Chesapeake Utilities, with an average price target of $102.
The analysts price targets range from a high of $115 to a low of $87.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $152.71 million and a net profit of $42.11 million. The company's market cap is $1.38 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is a 4-star analyst with an average return of 4.3% and a 62.9% success rate.
Chesapeake Utilities Corp . engages in the distribution and transmission of natural gas, propane and electricity; and generation of electricity and steam. It operates through the following segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment distributes and transmits gas, natural gas, and electricity. The Unregulated Energy segment markets and sells propane, crude oil, and natural gas. The company was founded in 1947 and is headquartered in Dover (NYSE:DOV), DE.
