Pinnacle West Capital Corporati – Consensus Indicates Potential 11.5% Upside

Broker Ratings

Pinnacle West Capital Corporati found using ticker (PNW) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 97 and 63 calculating the mean target price we have 80.92. Now with the previous closing price of 72.59 this is indicating there is a potential upside of 11.5%. There is a 50 day moving average of 77.11 and the 200 moving average now moves to 81.96. The company has a market capitalisation of $8,183m. You can visit the company’s website by visiting: http://www.pinnaclewest.com

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,728 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,225 miles of overhead lines and approximately 22,453 miles of underground primary cable, as well as owns and maintains 80 transmission substations and 443 distribution substations. The company also owns or leases approximately 6,321 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

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