Public Service Enterprise Group Given Average Recommendation of “Hold” by Brokerages (NYSE:PEG)
Public Service Enterprise Group (NYSE:PEG) has been given a consensus rating of “Hold” by the fourteen brokerages that are presently covering the company, American Banking and Market News reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $34.86.
A number of research firms have recently commented on PEG. Analysts at Zacks reiterated a “neutral” rating on shares of Public Service Enterprise Group in a research note on Tuesday. They now have a $36.00 price target on the stock. Analysts at Citigroup Inc. upgraded shares of Public Service Enterprise Group from a “neutral” rating to a “buy” rating in a research note on Friday, January 3rd.
Public Service Enterprise Group (NYSE:PEG) traded up 0.09% during mid-day trading on Friday, hitting $34.53. 493,613 shares of the company’s stock traded hands. Public Service Enterprise Group has a one year low of $31.03 and a one year high of $37.00. The stock has a 50-day moving average of $32.55 and a 200-day moving average of $32.97. The company has a market cap of $17.467 billion and a P/E ratio of 13.80.
Public Service Enterprise Group Incorporated (NYSE:PEG) is an energy company.
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