Pinnacle West Capital Corporati – Consensus Indicates Potential -4.0% Downside

Broker Ratings
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Pinnacle West Capital Corporati found using ticker (PNW) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 83 and 56 with a mean TP of 68.15. Given that the stocks previous close was at 70.99 this would indicate that there is a downside of -4.0%. There is a 50 day moving average of 68.03 and the 200 day MA is 76.36. The company has a market capitalisation of $7,975m. Find out more information at: https://www.pinnaclewest.com

The potential market cap would be $7,656m 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 5,728 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,225 miles of overhead lines and approximately 22,453 miles of underground primary cable, as well as owns and maintains 80 transmission substations and 443 distribution substations. The company also owns or leases approximately 6,321 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

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