# Public Service Enterprise Group Incorporated – Consensus ‘buy’ rating and -.6% Downside Potential

- Link: https://www.directorstalkinterviews.com/public-service-enterprise-group-incorporated-consensus-buy-rating-and.6-downside-potential/4121159717
- Published: 2024-06-11T14:48:34+01:00
- Author: Charlotte Edwards

**Public Service Enterprise Group Incorporated** which can be found using ticker(
PEG) now have 15 analysts in total covering the stock. The consensus rating is pointing
to ‘buy’. The target price High/Low ranges between $80.00 and $61.50 with the average
target price sitting at $72.43. Given that the stocks previous close was at $72.88
this would indicate that there is a downside of -.6%. It’s also worth noting that
there is a 50 day moving average of $70.46 and the 200 moving average now moves 
to $63.48. The company has a market cap of 36.58B. The current share price for the
company is: $73.44 USD

 The potential market cap would be $36,353,137,987 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 20.34, revenue per share of $20.55
and a 3.07% 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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