Pacific Gas & Electric Co. with ticker code (PCG) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 22 and 14 and has a mean target at 18.73. With the stocks previous close at 16.32 this now indicates there is a potential upside of 14.8%. The 50 day MA is 15.82 and the 200 day moving average is 13.64. The company has a market capitalisation of $36,797m. Visit the company website at: https://www.pgecorp.com
The potential market cap would be $42,231m based on the market concensus.
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PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is based in Oakland, California.