Constellation Energy (CEG) Price Target Raised to $360 by Barclays
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn April 4, Barclays reiterated its Overweight rating for Constellation Energy Corporation (CEG) and increased the price target to $360 from $356. The company anticipates 2026 earnings between $11 and $12 per share, with Barclays forecasting a rise to $19 per share by 2029. Constellation plans to invest $3.9 billion in capital expenditures in 2026 and has increased its share buyback authorization to $5 billion. This positions CEG to meet the increasing demand for clean electricity in the U.S., particularly following the record power demand seen in 2025.
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About Constellation Energy (CEG)
Constellation Energy is the largest U.S. operator of nuclear power plants.
The Utilities sector covers electric, gas and water providers prized for steady, regulated income.
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