RBC Capital analyst Shelby Tucker raised the firm’s price target on Chesapeake Utilities to $133 from $131 and keeps a Sector Perform rating on the shares. The firm maintains its view of the company as a "premium gas utility operator" and its management continues to execute and maintain its successful track record of delivering results, but the stock’s valuation continues to limit "significant upside", the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CPK:
- CHESAPEAKE UTILITIES CORPORATION REPORTS RECORD EARNINGS FOR FISCAL YEAR 2022
- Chesapeake Utilities updates long-term guidance projections
- Chesapeake Utilities reports Q4 EPS $1.47, consensus $1.44
- Chesapeake Utilities Corporation Announces Quarterly Dividend
- Chesapeake Utilities announces plans for company’s first RNG facility in Florida