Pacific Gas & Electric Co. with ticker code (PCG) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 18.67 and 14.57 calculating the average target price we see $17.35. Given that the stocks previous close was at $16.94 this indicates there is a potential upside of 2.4%. Also worth taking note is the 50 day moving average now sits at $16.20 while the 200 day moving average is $14.57. The company has a market capitalization of $38,848m. Visit the company website at: https://www.pgecorp.com
The potential market cap would be $39,788m 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 20.54, revenue per share of 10.91 and a 1.78% return on assets.
