Public Service Enterprise Group found using ticker (PEG) now have 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 70 and 61 calculating the mean target price we have 66.6. With the stocks previous close at 58.46 this now indicates there is a potential upside of 13.9%. The day 50 moving average is 61.16 and the 200 day moving average is 61.69. The market capitalisation for the company is $28,809m. You can visit the company’s website by visiting: https://www.pseg.com
The potential market cap would be $32,820m based on the market concensus.
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Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in Mid-Atlantic United States. The company operates through PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2022, it had electric transmission and distribution system of 25,000 circuit miles and 864,000 poles; 55 switching stations with an installed capacity of 39,653 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,735 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.