PG&E Corp. PT Raised to $46.00 (PCG)
RBC Capital boosted their price objective on shares of PG&E Corp. (NYSE:PCG) from $44.00 to $46.00 in a research note issued on Tuesday, AnalystRatings.NET reports. RBC Capital’s price target indicates a potential upside of 4.69% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of PG&E Corp. in a research note on Wednesday, February 12th. They now have a $45.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of PG&E Corp. from $41.00 to $44.00 in a research note on Wednesday, February 12th. They now have an “equal weight” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of PG&E Corp. from $50.00 to $47.00 in a research note on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $45.17.
PG&E Corp. (NYSE:PCG) opened at 43.94 on Tuesday. PG&E Corp. has a 1-year low of $39.42 and a 1-year high of $48.50. The stock’s 50-day moving average is $41.08 and its 200-day moving average is $41.52. The company has a market cap of $20.110 billion and a price-to-earnings ratio of 23.99.
PG&E Corp. (NYSE:PCG) last released its earnings data on Tuesday, February 11th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by $0.33. During the same quarter in the previous year, the company posted $0.59 earnings per share. Analysts expect that PG&E Corp. will post $3.02 EPS for the current fiscal year.
PG&E Corporation is a holding company that conducts its business through Pacific Gas and Electric Company (NYSE:PCG).
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