Pinnacle West Capital Corporati with ticker code (PNW) have now 13 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 85 and 60 calculating the average target price we see 68.69. With the stocks previous close at 73.2 this is indicating there is a potential downside of -6.2%. The day 50 moving average is 69.95 and the 200 day MA is 74.31. The market cap for the company is $8,408m. You can visit the company’s website by visiting: https://www.pinnaclewest.com
The potential market cap would be $7,890m 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.
