In this article:

Public Service Enterprise (PEG) Received its Third Buy in a Row

In this article:
In this article:

After J.P. Morgan and UBS gave Public Service Enterprise (NYSE: PEG) a Buy rating last month, the company received another Buy, this time from Evercore ISI. Analyst Durgesh Chopra maintained a Buy rating on Public Service Enterprise yesterday and set a price target of $71.00. The company’s shares closed last Friday at $64.87.

According to TipRanks.com, Chopra is a 3-star analyst with an average return of 6.4% and a 73.0% success rate. Chopra covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Pinnacle West Capital.

Currently, the analyst consensus on Public Service Enterprise is a Moderate Buy with an average price target of $73.20, which is a 16.1% upside from current levels. In a report released yesterday, Wolfe Research also maintained a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $68.06 and a one-year low of $53.77. Currently, Public Service Enterprise has an average volume of 1.92M.

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.

Read More on PEG:

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

Latest News Feed

In this article:

Latest News Feed