Blurbs

Goldman Sachs Keeps Their Buy Rating on Public Service Enterprise (PEG)

Goldman Sachs analyst Michael Lapides maintained a Buy rating on Public Service Enterprise (PEGResearch Report) today and set a price target of $76.00. The company’s shares opened today at $58.19.

Lapides covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Centerpoint Energy, and NRG Energy. According to TipRanks, Lapides has an average return of 2.8% and a 55.26% success rate on recommended stocks.

Public Service Enterprise has an analyst consensus of Strong Buy, with a price target consensus of $76.36.

See Insiders’ Hot Stocks on TipRanks >>

Based on Public Service Enterprise’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.08 billion and a net profit of $131 million. In comparison, last year the company earned a revenue of $1.87 billion and had a GAAP net loss of $177 million

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.

Public Service Enterprise Group Incorporated is a diversified energy company. The company engages in the generation, transmission, and distributions of electricity and gas to residential, commercial, and industrial customers in the Northeastern and Mid-Atlantic United States.

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More