tiprankstipranks
In this article:
Blurbs

RBC Capital Believes Public Service Enterprise (PEG) Still Has Room to Grow

In this article:
In this article:

RBC Capital analyst Shelby Tucker maintained a Buy rating on Public Service Enterprise (PEGResearch Report) on March 7 and set a price target of $72.00. The company’s shares closed last Tuesday at $66.68, close to its 52-week high of $68.06.

According to TipRanks.com, Tucker is a top 100 analyst with an average return of 10.9% and a 78.0% success rate. Tucker covers the Utilities sector, focusing on stocks such as American Electric Power, Chesapeake Utilities, and Edison International.

Currently, the analyst consensus on Public Service Enterprise is a Strong Buy with an average price target of $73.67, an 8.3% upside from current levels. In a report issued on February 25, Wolfe Research also maintained a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

Based on Public Service Enterprise’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.06 billion and net profit of $445 million. In comparison, last year the company earned revenue of $2.4 billion and had a net profit of $431 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.

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