Chesapeake Utilities Corporation (NYSE:CPK) gets downgraded to Neutral by Janney Montgomery Scott

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Analyst Ratings For Chesapeake Utilities Corporation (NYSE:CPK)

Today, Chesapeake Utilities Corporation (NYSE:CPK) stock was downgraded by Janney Montgomery Scott from Buy to Neutral.

There are 3 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Chesapeake Utilities Corporation (NYSE:CPK) is Hold with a consensus target price of $85.50 per share, a potential 3.99% downside.

Some recent analyst ratings include

  • 9/24/2018-Chesapeake Utilities Corporation (NYSE:CPK) gets downgraded to Neutral by Janney Montgomery Scott
  • 3/19/2018-Chesapeake Utilities Corporation (NYSE:CPK) gets upgraded to Buy by Sidoti
  • 3/5/2018-Chesapeake Utilities Corporation (NYSE:CPK) had its Neutral rating reiterated by Seaport Global Securities
  • 4/26/2017-Chesapeake Utilities Corporation (NYSE:CPK) has coverage initiated with a Sector Perform ➝ Sector Perform rating and $75.00 price target
  • 12/9/2016-Chesapeake Utilities Corporation (NYSE:CPK) has coverage initiated with a Neutral rating and $67.00 price target

Recent Insider Trading Activity For Chesapeake Utilities Corporation (NYSE:CPK)
Chesapeake Utilities Corporation (NYSE:CPK) has insider ownership of 4.20% and institutional ownership of 63.67%.

  • On 7/5/2018 John R. Schimkaitis, Insider, sold 2,500 with an average share price of $85.00 per share and the total transaction amounting to $212,500.00.
  • On 7/2/2018 John R. Schimkaitis, Insider, sold 2,500 with an average share price of $79.10 per share and the total transaction amounting to $197,750.00.
  • On 6/21/2018 Stephen C Thompson, Insider, sold 988 with an average share price of $77.99 per share and the total transaction amounting to $77,054.12.
  • On 6/19/2018 Stephen C Thompson, Insider, sold 1,772 with an average share price of $77.21 per share and the total transaction amounting to $136,816.12.
  • On 6/15/2018 P. Mcmasters Michael, Insider, sold 7,051 with an average share price of $75.14 per share and the total transaction amounting to $529,812.14.
  • On 5/30/2018 Stephen C Thompson, Insider, sold 3,706 with an average share price of $79.47 per share and the total transaction amounting to $294,515.82.
  • On 5/23/2018 Stephen C Thompson, Insider, sold 1,322 with an average share price of $76.57 per share and the total transaction amounting to $101,225.54.

About Chesapeake Utilities Corporation (NYSE:CPK)
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses. The company operates in two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment distributes propane in Delaware, Maryland, Virginia, southeastern Pennsylvania, and Florida; markets natural gas in Florida, Delaware, Maryland, Ohio, and other states; supplies, gathers, and processes unregulated natural gas in central and eastern Ohio; and generates electricity and steam. 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 also owns and leases office buildings in Delaware and Maryland. It serves residential, commercial, industrial, and wholesale customers. The company was founded in 1859 and is headquartered in Dover, Delaware.

Recent Trading Activity for Chesapeake Utilities Corporation (NYSE:CPK)
Shares of Chesapeake Utilities Corporation closed the previous trading session at 89,05 +0,50 0,56 % with 89.1 shares trading hands.