Credit Suisse Keeps Their Buy Rating on PG&E (PCG)

Credit Suisse analyst Nicholas Campanella maintained a Buy rating on PG&E (PCGResearch Report) today and set a price target of $17.00. The company’s shares closed yesterday at $15.38.

According to TipRanks, Campanella is a 3-star analyst with an average return of 3.0% and a 51.02% success rate. Campanella covers the Utilities sector, focusing on stocks such as Portland GE, Consolidated Edison, and Duke Energy.

In addition to Credit Suisse, PG&E also received a Buy from Wells Fargo’s Neil Kalton in a report issued today. However, on October 21, Morgan Stanley maintained a Hold rating on PG&E (NYSE: PCG).

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

PCG market cap is currently $37.92B and has a P/E ratio of 199.74.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PCG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 1905, California-based Pacific Gas & Electric Corporation provides natural gas and electricity to customers in northern and central California. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources.

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