▲ +8.22% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Chesapeake Utilities in the last 3 months. The average price target is $126.00, with a high forecast of $135.00 and a low forecast of $117.00. The average price target represents a 8.22% upside from the last price of $116.43.
The current consensus among 2 polled investment analysts is to hold stock in Chesapeake Utilities. This rating has held steady since December 2019, when it changed from a Buy consensus rating.
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest 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 compressed natural gas, liquefied natural gas, and renewable natural gas transportation 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.