Wells Fargo analyst Neil Kalton maintained a Hold rating on PG&E Corp (NYSE: PCG) today and set a price target of $48. The company’s shares opened today at $44.45.
According to TipRanks.com, Kalton is a 4-star analyst with an average return of 8.1% and a 70.6% success rate. Kalton covers the Utilities sector, focusing on stocks such as American States Water Company, Edison International, and Alliant Energy Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for PG&E Corp with a $45.75 average price target.
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PG&E Corp’s market cap is currently $23.07B and has a P/E ratio of 15.20. The company has a Price to Book ratio of 1.17.
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PG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. The company was founded in 1995 and is headquartered in San Francisco, CA.