Portland General Electric Co with ticker code (POR) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 58 and 49 calculating the average target price we see 53.5. With the stocks previous close at 46.91 this now indicates there is a potential upside of 14.0%. There is a 50 day moving average of 53.02 while the 200 day moving average is 51.06. The market cap for the company is $4,188m. Visit the company website at: https://www.portlandgeneral.com
The potential market cap would be $4,777m based on the market concensus.
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, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line, 415 circuit miles of 230 kilovolt line, and 572 miles of 115 kilovolt line. It has 28,206 circuit miles of distribution lines. The company also purchases and sells wholesale natural gas in the United States and Canada. It serves approximately 917 thousand residential, commercial, and industrial customers in 51 cities. The company was founded in 1889 and is headquartered in Portland, Oregon.
