Portland GE (POR) Gets a Buy Rating from Mizuho Securities


In a report released yesterday, Paul Fremont from Mizuho Securities reiterated a Buy rating on Portland GE (NYSE: POR), with a price target of $46.50. The company’s shares closed yesterday at $45.57.

According to TipRanks.com, Fremont is a 4-star analyst with an average return of 5.3% and a 68.7% success rate. Fremont covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.

Portland GE has an analyst consensus of Moderate Buy, with a price target consensus of $44.25.

See today’s analyst top recommended stocks >>

The company has a one-year high of $50.11 and a one-year low of $39.02. Currently, Portland GE has an average volume of 614.2K.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Portland General Electric Co. is a vertically integrated electric utility company, which engages in the generation, purchase, transmission, distribution, and retail of electricity. The fim sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers. It also serves residential, commercial, and non-residential customers.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts