# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and 11.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and-11.2-upside-potential/4121129284
- Published: 2023-10-12T12:12:38+01:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** with ticker code (PEG) have now
16 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
72 and 60 calculating the mean target price we have $65.66. Given that the stocks
previous close was at $59.05 this would imply there is now a potential upside of
11.2%. There is a 50 day moving average of $59.89 and the 200 moving average now
moves to $61.31. The total market capitalization for the company now stands at 30.33B.
The stock price for the company is currently is currently 60.77 USD

 The potential market cap would be $33,726,196,460 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 10.93, revenue per share of 23.31
and a 4.93% return on assets.

Public Service Enterprise Group Incorporated (PSEG) is a holding company. The Company
also operates as an energy company that is consisting primarily of a regulated electric
and gas utility and a nuclear generation business. The Company principally conducts
its business through two direct wholly owned subsidiaries, Public Service Electric
and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). Its segments include PSE&
G and PSEG Power. Its PSE&G segment is principally engaged in the transmission of
electricity and distribution of electricity and natural gas in certain areas of 
New Jersey. PSE&G segment also invests in regulated solar generation projects and
energy-related programs in New Jersey. PSEG Power segment is an energy supply company
that integrates the operations of its merchant nuclear and fossil generating assets
with its fuel supply functions through energy sales in energy markets through its
principal direct wholly owned subsidiaries.

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