Public Service Enterprise Group found using ticker (PEG) have now 18 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 79 and 63 with the average target price sitting at 70.22. Given that the stocks previous close was at 69.94 this indicates there is a potential upside of .4%. The 50 day MA is 66.26 and the 200 moving average now moves to 63.75. The company has a market cap of $35,396m. Find out more information at: https://www.pseg.com
The potential market cap would be $35,538m based on the market concensus.
Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2020, it had electric transmission and distribution system of 25,000 circuit miles and 860,000 poles; 54 switching stations with an installed capacity of 38,353 megavolt-amperes (MVA), and 245 substations with an installed capacity of 8,647 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. The Power segment operates nuclear, gas, oil-fired, and renewable generation assets. It has total generating output was approximately 52,900 gigawatts hours; and owns and operates 467 MW direct current of photovoltaic solar generation facilities. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
