Pacific Gas & Electric Co. with ticker code (PCG) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18 and 13 with a mean TP of 15.77. With the stocks previous close at 12.25 this would indicate that there is a potential upside of 28.7%. The 50 day MA is 12.26 and the 200 day MA is 10.76. The market capitalisation for the company is $27,019m. You can visit the company’s website by visiting: https://www.pgecorp.com
The potential market cap would be $34,783m based on the market concensus.
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. As of December 31, 2020, the company owns and operates approximately 18,000 circuit miles of interconnected transmission lines, 35 electric transmission substations, approximately 108,000 circuit miles of distribution lines, 68 transmission switching substations, and 758 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 43,500 miles of distribution pipelines, approximately 6,300 miles of 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 founded in 1905 and is headquartered in San Francisco, California.
