Public Service Enterprise Group Incorporated with ticker code (PEG) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $60.50 and has a mean target at $65.26. Given that the stocks previous close was at $63.42 and the analysts are correct then there would likely be a percentage uptick in value of 2.9%. It’s also worth noting that there is a 50 day moving average of $60.95 while the 200 day moving average is $61.42. The market cap for the company is 31.53B. The current share price for the company is: $63.28 USD
The potential market cap would be $32,448,181,549 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 11.28, revenue per share of $23.67 and a 4.93% return on assets.
Public Service Enterprise Group Incorporated (PSEG) is a holding company. The Company also operates as an energy company that is consisting primarily of a regulated electric and gas utility and a nuclear generation business. The Company principally conducts its business through two direct wholly owned subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). Its segments include PSE&G and PSEG Power. Its PSE&G segment is principally engaged in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSE&G segment also invests in regulated solar generation projects and energy-related programs in New Jersey. PSEG Power segment is an energy supply company that integrates the operations of its merchant nuclear and fossil generating assets with its fuel supply functions through energy sales in energy markets through its principal direct wholly owned subsidiaries.
