# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and 5.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and-5.6-upside-potential/4121132307
- Published: 2023-11-09T14:02:38+00:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** which can be found using ticker(
PEG) have now 16 market analysts covering the stock. The analyst consensus now points
to a rating of ‘buy’. The target price High/Low ranges between $72.00 and $60.50
suggesting an average Analsyt target price of $65.78. Given that the stocks previous
close was at $62.30 this would imply there is now a potential upside of 5.6%. It’s
also worth noting that there is a 50 day moving average of $60.04 and the 200 day
moving average is $61.23. The company has a market capitalization of 30.79B. The
stock price is currently at: $61.69 USD

 The potential market cap would be $32,510,058,031 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, 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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