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Analysts Offer Insights on Utilities Companies: PG&E (PCG) and SJW (SJW)

Analysts have been eager to weigh in on the Utilities sector with new ratings on PG&E (PCGResearch Report) and SJW (SJWResearch Report).

PG&E (PCG)

RBC Capital analyst Shelby Tucker maintained a Buy rating on PG&E yesterday and set a price target of $19.00. The company’s shares closed last Monday at $14.93, close to its 52-week high of $15.61.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 10.7% and a 68.1% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power.

Currently, the analyst consensus on PG&E is a Strong Buy with an average price target of $17.17, a 12.8% upside from current levels. In a report issued on October 19, Wells Fargo also maintained a Buy rating on the stock with a $17.00 price target.

See today’s best-performing stocks on TipRanks >>

SJW (SJW)

In a report released yesterday, Jonathan Reeder from Wells Fargo maintained a Hold rating on SJW, with a price target of $72.00. The company’s shares closed last Monday at $70.68.

According to TipRanks.com, Reeder is a 4-star analyst with an average return of 5.7% and a 57.3% success rate. Reeder covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Brookfield Infrastructure, and Brookfield Infrastructure.

Currently, the analyst consensus on SJW is a Moderate Buy with an average price target of $75.00.

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