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BidaskClub downgraded Portland General Electric Company (NYSE:POR) to Sell in a report released today.

BidaskClub has downgraded Portland General Electric Company (NYSE:POR) to Sell in a report released on 07/08/2017.

Yesterday Portland General Electric Company (NYSE:POR) traded -1.21% lower at $44.87. The company’s 50-day moving average is $45.37 and its 200-day moving average is $45.24. The last stock close price is down 1.46% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 408,913 shares of Portland General Electric Company traded, down from an avg. volume of 585,875

Performance Chart

Portland General Electric Company (NYSE:POR)

With a total market value of $0, Portland General Electric Company has price-earnings ratio of 20.49 with a one year low of $40.28 and a one year high of $48.06 .

A total of 11 analysts have released a research note on Portland General Electric Company. Two analysts rating the company a strong buy, one analyst rating the company a buy, nine analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $40.61.

More About Portland General Electric Company (NYSE:POR)

Portland General Electric Company is an electric utility that is engaged in the wholesale purchase, transmission, distribution and retail sale of electricity in the State of Oregon. Its service area allocation of approximately 4,000 square miles is located entirely within Oregon and includes approximately 51 incorporated cities, of which Portland and Salem. It has five natural gas-fired generating facilities, which include Port Westward Unit 1 (PW1), Port Westward Unit 2 (PW2), Beaver natural gas-fired generating plant (Beaver), Coyote Springs Unit 1 (Coyote Springs) and Carty natural gas-fired generating plant (Carty). As of December 31, 2016, the Company owned and operated two wind farms, Biglow Canyon Wind Farm (Biglow Canyon) and Tucannon River Wind Farm (Tucannon River). The Company's hydroelectric projects consist of Pelton/Round Butte on the Deschutes River near Madras, Oregon, four plants on the Clackamas River, and one on the Willamette River.

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