Scotiabank analyst Andrew Weisel maintained a Hold rating on Public Service Enterprise (PEG – Research Report) today and set a price target of $62.00. The company’s shares closed yesterday at $69.08.
According to TipRanks, Weisel is a 3-star analyst with an average return of 3.0% and a 71.08% success rate. Weisel covers the Utilities sector, focusing on stocks such as American Electric Power, CMS Energy, and Dominion Energy.
In addition to Scotiabank, Public Service Enterprise also received a Hold from KeyBanc’s Sophie Karp in a report issued today. However, on April 23, Morgan Stanley maintained a Buy rating on Public Service Enterprise (NYSE: PEG).
The company has a one-year high of $69.79 and a one-year low of $52.73. Currently, Public Service Enterprise has an average volume of 3M.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PEG in relation to earlier this year.
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Public Service Enterprise (PEG) Company Description:
Public Service Enterprise Group Incorporated is a diversified energy company. The company engages in the generation, transmission, and distributions of electricity and gas to residential, commercial, and industrial customers in the Northeastern and Mid-Atlantic United States.
