Portland General Electric Co which can be found using ticker (POR) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 60 and 48 with the average target price sitting at $53.00. Given that the stocks previous close was at $49.78 this would imply there is now a potential upside of 6.5%. The 50 day moving average now sits at $47.80 and the 200 moving average now moves to $48.42. The total market capitalization for the company now stands at $4,513m. Find out more information at: https://www.portlandgeneral.com
The potential market cap would be $4,805m based on the market consensus.
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2022, the company owned an electric transmission system consisting of 1,255 circuit miles, including 269 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 573 miles of 115 kilovolt line; and served 926 thousand retail customers in 51 cities. It also has 28,481 circuit miles of distribution lines. The company was founded in 1889 and is headquartered in Portland, Oregon.
The company has a dividend yield of 3.59% with the ex dividend date set at 24-3-2023 (DMY).
Other points of data to note are a P/E ratio of 19.41, revenue per share of 29.65 and a 2.51% return on assets.
