Pacific Gas & Electric Co. which can be found using ticker (PCG) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 22 and 13 suggesting an average Analsyt target price of $18.86. Given that the stocks previous close was at $16.96 this would imply there is now a potential upside of 11.2%. There is a 50 day moving average of $15.92 and the 200 moving average now moves to $14.22. The market cap for the company is $38,278m. Company Website: https://www.pgecorp.com
The potential market cap would be $42,566m based on the market consensus.
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is based in Oakland, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 20, revenue per share of 10.91 and a 1.78% return on assets.
