Portland General Electric Co – Consensus Indicates Potential -3.0% Downside

Broker Ratings
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Portland General Electric Co with ticker code (POR) now have 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 58 and 49 calculating the mean target price we have 53. With the stocks previous close at 54.66 this now indicates there is a potential downside of -3.0%. There is a 50 day moving average of 49.75 and the 200 day MA is 50.99. The company has a market cap of $4,911m. Find out more information at: https://www.portlandgeneral.com

The potential market cap would be $4,762m 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.

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