Portland General Electric Co with ticker code (POR) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 60 and 49 with the average target price sitting at 53.3. Now with the previous closing price of 45.53 this would indicate that there is a potential upside of 17.1%. The 50 day moving average now sits at 51.7 and the 200 moving average now moves to 51.22. The market cap for the company is $3,878m. Company Website: https://www.portlandgeneral.com
The potential market cap would be $4,540m 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.
