PG&E (PCG) Gets a Hold Rating from RBC Capital
RBC Capital analyst Shelby Tucker maintained a Hold rating on PG&E (PCG) on April 28 and set a price target of $19.00. The company’s shares closed last Thursday at $10.47.
According to TipRanks.com, Tucker is a 5-star analyst with an average return of 5.5% and a 66.3% success rate. Tucker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Nextera Energy Partners.
PG&E has an analyst consensus of Moderate Buy, with a price target consensus of $14.79, which is a 42.2% upside from current levels. In a report issued on April 16, UBS also maintained a Hold rating on the stock with a $14.00 price target.
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The company has a one-year high of $25.20 and a one-year low of $3.55. Currently, PG&E has an average volume of 11.83M.
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Pacific Gas & Electric Co. engages in the provision of natural gas and electric services. It owns and operates an integrated natural gas transportation, storage, and distribution system in California and also offers backbone gas transmission, gas delivery, and gas storage services as separate and distinct services. The firm also offers gas supplying, gathering facilities. The company was founded in 1905 and is headquartered in San Francisco, CA.