Alliant Energy Corp (LNT) Stock AnalysisLNTStock AnalysisAlliant Energy Corp

Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. Its primary focus is to provide regulated electric and natural gas services to its customers in the Midwest through its two public utility subsidiaries: Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). Its non-utility holdings are organized under Alliant Energy Finance, LLC. Its segments include IPL and WPL. IPL is a public utility engaged principally in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Iowa. IPL also sells electricity to wholesale customers in Illinois and Iowa. WPL is a public utility engaged principally in the generation and distribution of electricity and the distribution of and transportation of natural gas to retail customers in select markets in Wisconsin. WPL also sells electricity to wholesale customers in Wisconsin. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

Currently, Alliant Energy Corp (LNT) is trading at $68.03, which is below the average analyst price target of $78. This suggests potential upside of approximately 15%. However, the RSI is at 33.14, indicating that the stock is oversold, which could suggest a buying opportunity. The forward P/E ratio of 20.28 indicates that the stock may be fairly valued relative to its expected earnings growth. The main risk is the recent downgrade from Mizuho, which lowered its price target from $76 to $75, reflecting caution in the market.

7 analysts cover LNT: 2 rate it Buy, 5 Hold and 0 Sell. The average price target is 71.20.