Portland General Electric Co which can be found using ticker (POR) have now 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 60 and 48 with the average target price sitting at $52.71. Now with the previous closing price of $44.95 this is indicating there is a potential upside of 17.3%. It’s also worth noting that there is a 50 day moving average of $47.55 and the 200 moving average now moves to $48.36. The market capitalization for the company is $4,216m. Company Website: https://www.portlandgeneral.com
The potential market cap would be $4,944m 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 3.99% with the ex dividend date set at 24-3-2023 (DMY).
Other points of data to note are a P/E ratio of 17.46, revenue per share of 29.65 and a 2.51% return on assets.
