▼ -2.60% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Chesapeake Utilities in the last 3 months. The average price target is $101.67, with a high forecast of $121.00 and a low forecast of $87.00. The average price target represents a -2.60% upside from the last price of $104.38.
The current consensus among 6 contributing investment analysts is to buy stock in Chesapeake Utilities. This Buy consensus rating has held steady for over two years.
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The Regulated Energy segment engages in the distribution of natural gas in central and southern Delaware, Maryland's eastern shore, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of CNG and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.