Portland General Electric Co – Consensus Indicates Potential 6.4% Upside

Broker Ratings
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Portland General Electric Co with ticker code (POR) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 59 and 52 calculating the average target price we see 54.67. Given that the stocks previous close was at 51.37 this would indicate that there is a potential upside of 6.4%. The 50 day moving average now sits at 52.06 and the 200 day moving average is 49.83. The market cap for the company is $4,610m. Find out more information at: https://www.portlandgeneral.com

The potential market cap would be $4,906m 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. The company operates six thermal plants; seven hydroelectric plants; and three wind farms. As of December 31, 2020, it owned an electric transmission system consisting of 1,269 circuit miles, including 287 circuit miles of 500 kilovolt line, 414 circuit miles of 230 kilovolt line, and 568 miles of 115 kilovolt line. The company has 27,939 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 908 thousand residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

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