# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and -4.5% Downside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and-4.5-downside-potential/4121172765
- Published: 2024-10-01T15:17:29+01:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** which can be found using ticker(
PEG) have now 16 confirmed analysts covering the stock with the consensus suggesting
a rating of ‘buy’. The target price High/Low ranges between $102.00 and $69.12 calculating
the mean target price we have $84.26. Given that the stocks previous close was at
$88.25 this indicates there is a potential downside of -4.5%. Also worth taking 
note is the 50 day moving average now sits at $81.21 and the 200 day MA is $70.29.
The market cap for the company is 44.44B. Currently the stock stands at: $89.21 
USD

 The potential market cap would be $42,431,742,131 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 27.03, revenue per share of $20.55
and a 2.8% 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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