Public Service Enterprise (PEG) Gets a Hold Rating from Mizuho Securities


Mizuho Securities analyst Paul Fremont reiterated a Hold rating on Public Service Enterprise (NYSE: PEG) yesterday and set a price target of $50. The company’s shares closed yesterday at $51.40.

According to TipRanks.com, Fremont is a 4-star analyst with an average return of 5.6% and a 69.2% success rate. Fremont covers the Utilities sector, focusing on stocks such as El Paso Electric Company, American Electric Power, and Edison International.

Public Service Enterprise has an analyst consensus of Moderate Buy, with a price target consensus of $54.67.

See today’s analyst top recommended stocks >>

Public Service Enterprise’s market cap is currently $25.92B and has a P/E ratio of 11.98. The company has a Price to Book ratio of 1.83.

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.

Public Service Enterprise Group, Inc. is a holding company, which engages in the provision of electric and gas services. It operates through the Public Service Electric & Gas Co. (PSE&G) and Power segments. The PSE&G segment engages in the transmission of electricity and distribution of electricity and natural gas.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts