Sophie Karp, analyst at KeyBanc, reiterates coverage on Public Service Enterprise (PEG) in the Utilities sector with a Buy rating. TipRanks.com has Karp rated as a 4 star analyst with a 12% return on investment and a 57% success rate. Karp has set a price target of $68.00 .
TipRanks.com reports that PEG currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $68.17 . The target pricing ranges from a high forecast of $74.00 down to a low forecast of $61.00 .
PEG’s last closing price was $64.72 which would put the average price target at 5.33% upside.
In addition, TradingView issued a Buy rating for PEG over the next month.
Remember, securities are volatile, so please do your own research on PEG.
Other analysts covering PEG include:
- Durgesh Chopra of Evercore ISI issued a hold with the price target of $61 on August 2nd
- Neil Kalton of Wells Fargo issued a buy rate with the price target of $74 on August 2nd
- Shahriar Pourreza of Guggenheim issued a buy rate with the price target of $67 on August 1st
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