In a report issued on July 19, Shelby Tucker from RBC Capital maintained a Buy rating on Public Service Enterprise (PEG – Research Report), with a price target of $76.00. The company’s shares closed last Wednesday at $59.64, close to its 52-week low of $58.19.
According to TipRanks.com, Tucker is a 5-star analyst with an average return of 9.7% and a 69.6% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Nextera Energy Partners.
Public Service Enterprise has an analyst consensus of Moderate Buy, with a price target consensus of $75.60, implying a 25.0% upside from current levels. In a report issued on July 13, J.P. Morgan also maintained a Buy rating on the stock with a $80.00 price target.
The company has a one-year high of $75.61 and a one-year low of $58.19. Currently, Public Service Enterprise has an average volume of 2.88M.
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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.
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