Zacks Rating on Pacific Gas & Electric Co. (PCG)

Pacific Gas & Electric Co. (PCG) has an average broker rating of 1.39, which is interpreted as a Strong Buy, as rated by 9 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Pacific Gas & Electric Co. (PCG) : The highest level Pacific Gas & Electric Co. (PCG) is projected to reach is $72 for the short term and the lowest estimate is at $67. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $69.36 and the possibility the share price can swing is $1.97.


Shares of PG&E Corporation appreciated by 1.93% during the last five trading days but lost 1.66% on a 4-week basis. PG&E Corporation is up 9.92% in the last 3-month period. Year-to-Date the stock performance stands at 21.93%. Pacific Gas & Electric Co. (NYSE:PCG): On Tuesdays trading session , Opening price of the stock was $64.69 with an intraday high of $65.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.81. However, the stock managed to close at $63.85, a loss of 1.30% for the day. On the previous day, the stock had closed at $64.69. The total traded volume of the day was 2,448,318 shares.

PG&E Corporation is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utilitys operations include electric utility operations and natural gas utility operations. It operates in northern and central California. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides natural gas transportation services to customers, which include small commercial and residential customers, and to non-core customers, which include industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utilitys gas system in its service territory.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *