Friday, 22 September 2023

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Mizuho Securities Remains a Buy on PG&E (PCG) – TipRanks Financial Blog

Engie SA price target raised to EUR 18.50 from EUR 18 at Barclays

Mizuho Securities analyst Anthony Crowdell maintained a Buy rating on PG&E (PCGResearch Report) on September 15 and set a price target of $19.00. The company’s shares closed yesterday at $17.30.

According to TipRanks, Crowdell is a 3-star analyst with an average return of 2.5% and a 56.57% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, Black Hills, and Allete.

PG&E has an analyst consensus of Strong Buy, with a price target consensus of $19.33, which is an 11.73% upside from current levels. In a report released on September 14, Bank of America Securities also maintained a Buy rating on the stock with a $19.00 price target.

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The company has a one-year high of $18.19 and a one-year low of $12.13. Currently, PG&E has an average volume of 18.01M.

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Incorporated in 1905, California-based Pacific Gas & Electric Corporation provides natural gas and electricity to customers in northern and central California. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources.

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