Pacific Gas & Electric Co. found using ticker (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 with a mean TP of 18.73. Given that the stocks previous close was at 15.61 this would indicate that there is a potential upside of 20.0%. The 50 day moving average now sits at 15.78 and the 200 moving average now moves to 13.53. The market cap for the company is $36,114m. Find out more information at: https://www.pgecorp.com
The potential market cap would be $43,332m 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.