Portland General Electric Co – Consensus Indicates Potential 8.3% Upside

Broker Ratings

Portland General Electric Co with ticker code (POR) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 56 and 48 with the average target price sitting at 52.7. Now with the previous closing price of 48.64 this would indicate that there is a potential upside of 8.3%. There is a 50 day moving average of 50.48 and the 200 day moving average is 48.96. The company has a market capitalisation of $4,320m. Find out more information at: http://www.portlandgeneral.com

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates six thermal plants; seven hydroelectric plants; and three wind farms. As of December 31, 2020, it owned an electric transmission system consisting of 1,269 circuit miles, including 287 circuit miles of 500 kilovolt line, 414 circuit miles of 230 kilovolt line, and 568 miles of 115 kilovolt line. The company has 27,939 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 908 thousand residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

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