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Shares of Public Service Enterprise Group (NYSE:PEG) have earned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, Stock Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $38.90.

Public Service Enterprise Group (NYSE:PEG) traded down 0.13% during mid-day trading on Friday, hitting $39.86. The stock had a trading volume of 106,638 shares. Public Service Enterprise Group has a 1-year low of $31.25 and a 1-year high of $41.38. The stock has a 50-day moving average of $38.42 and a 200-day moving average of $36.10. The company has a market cap of $20.166 billion and a price-to-earnings ratio of 15.47.

Public Service Enterprise Group (NYSE:PEG) last announced its earnings results on Thursday, May 1st. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.05. During the same quarter in the previous year, the company posted $0.85 earnings per share. Analysts expect that Public Service Enterprise Group will post $2.73 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Jefferies Group upgraded shares of Public Service Enterprise Group from a “hold” rating to a “buy” rating in a research note on Tuesday, June 17th. They now have a $44.00 price target on the stock, up previously from $42.00. Separately, analysts at Barclays cut their price target on shares of Public Service Enterprise Group from $42.00 to $41.00 in a research note on Friday, May 23rd. Finally, analysts at Ned Davis Research upgraded shares of Public Service Enterprise Group from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th.

Public Service Enterprise Group Incorporated (NYSE:PEG) is an energy company.

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