Wells Fargo analyst Sarah Akers maintained a Hold rating on Pinnacle West Capital Corp (PNW) yesterday. The company’s shares closed on Friday at $97.68, close to its 52-week high of $99.81.
According to TipRanks.com, Akers is a 4-star analyst with an average return of 12.3% and a 93.8% success rate. Akers covers the Utilities sector, focusing on stocks such as Chesapeake Utilities Corp, Dominion Resources, and Southwest Gas Corp.
Pinnacle West Capital Corp has an analyst consensus of Moderate Buy, with a price target consensus of $99.
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Pinnacle West Capital Corp’s market cap is currently $10.97B and has a P/E ratio of 20.91. The company has a Price to Book ratio of 2.09.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock.
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Pinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co.
