Pinnacle West Capital Corporati with ticker code (PNW) have now 13 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 85 and 60 calculating the average target price we see 70.38. Given that the stocks previous close was at 78.88 this indicates there is a potential downside of -10.8%. The day 50 moving average is 72.86 and the 200 day moving average is 73.05. The market capitalisation for the company is $8,909m. You can visit the company’s website by visiting: https://www.pinnaclewest.com
The potential market cap would be $7,949m based on the market concensus.
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
