Pinnacle West Capital Corporati – Consensus Indicates Potential 7.9% Upside

Broker Ratings
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Pinnacle West Capital Corporati with ticker code (PNW) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 89 and 60 and has a mean target at 71.43. Now with the previous closing price of 66.22 this would imply there is a potential upside of 7.9%. The day 50 moving average is 74.44 while the 200 day moving average is 73.07. The company has a market cap of $7,292m. You can visit the company’s website by visiting: https://www.pinnaclewest.com

The potential market cap would be $7,866m 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.

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