Portland General Electric Co with ticker code (POR) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 59 and 52 calculating the average target price we see 54.56. Now with the previous closing price of 52.39 this would indicate that there is a potential upside of 4.1%. There is a 50 day moving average of 51.84 and the 200 day moving average is 49.85. The company has a market cap of $4,813m. You can visit the company’s website by visiting: https://www.portlandgeneral.com
The potential market cap would be $5,012m 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.
