Impact of Brokerage Rating on Public Service Enterprise Group Incorporated(PEG)

Many Public Service Enterprise Group Incorporated(PEG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Public Service Enterprise Group was Upgraded by Deutsche Bank to Buy on Dec 20, 2016.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Ralph Izzo (Chairman, President and CEO) sold 24,108 shares at 43.79 per share price.On Jan 5, 2017, Ralph A Larossa (President & COO – PSE&G) sold 22,934 shares at 43.46 per share price.On Aug 15, 2016, William Levis (Pres & COO, PSEG Power LLC) sold 7,500 shares at 43.73 per share price.

Public Service Enterprise Group Last issued its quarterly earnings results on Oct 31, 2016. The company reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.83.Analysts expectations of $ 2712.05.During the same quarter in the previous year, the company posted $0.80 EPS.

Public Service Enterprise Group Incorporated (NYSE:PEG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 6 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Public Service Enterprise Group Incorporated (NYSE:PEG): The mean short term price target for Public Service Enterprise Group Incorporated (NYSE:PEG) has been established at $45.07 per share. The higher price target estimate is at $48 and the lower price target estimate is expected at $41 according to 7 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.52

Public Service Enterprise Group Incorporated (NYSE:PEG) witnessed a decline in the market cap on Tuesday as its shares dropped 0.75% or 0.33 points. After the session commenced at $43.63, the stock reached the higher end at $43.71 while it hit a low of $43.13. With the volume soaring to 1,908,903 shares, the last trade was called at $43.43. The company has a 52-week high of $47.41. The company has a market cap of $21,971 million and there are 505,896,220 shares in outstanding. The 52-week low of the share price is $39.28.

Public Service Entertainment Group has been an active participant in the ongoing policy debate on how the energy industry can best contribute to achieving the nations environmental objectives. PSEG has advocated independently, and through a coalition of companies known as the Clean Energy Group, for the industry to make further reductions in air pollutants traditionally associated with the production of electricity and to begin mandatory carbon dioxide reductions. PSEG has been actively engaged in the climate change policy debate for more than a decade.


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