# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and 2.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and-2.9-upside-potential/4121134803
- Published: 2023-12-01T13:43:52+00:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** with ticker code (PEG) have now
17 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
$70.00 and $60.50 and has a mean target at $65.15. Given that the stocks previous
close was at $63.29 this is indicating there is a potential upside of 2.9%. There
is a 50 day moving average of $60.83 while the 200 day moving average is $61.41.
The company has a market cap of 31.11B. The stock price for the company is currently
$62.43 USD

 The potential market cap would be $32,024,012,164 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 11.13, revenue per share of $23.67
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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