Public Service Enterprise Group Incorporated which can be found using ticker (PEG) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $72.00 and $60.50 suggesting an average Analsyt target price of $65.78. Given that the stocks previous close was at $62.30 this would imply there is now a potential upside of 5.6%. It’s also worth noting that there is a 50 day moving average of $60.04 and the 200 day moving average is $61.23. The company has a market capitalization of 30.79B. The stock price is currently at: $61.69 USD
The potential market cap would be $32,510,058,031 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, 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.
