# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and 8.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and-8.4-upside-potential/4121126258
- Published: 2023-08-30T11:14:36+01:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** with ticker code (PEG) have now
16 analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The target price High/Low ranges between 72 and 60 with the average target price
sitting at $66.34. Now with the previous closing price of $61.18 this would indicate
that there is a potential upside of 8.4%. The day 50 moving average is $62.17 and
the 200 day moving average is $61.31. The market cap for the company is 30.86B. 
The stock price for the company is currently is currently 61.83 USD

 The potential market cap would be $33,462,809,067 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 11.12, 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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