PG&E Corporation (NYSE:PCG) has been upgraded to Hold in a report by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Zacks Investment Research has upgraded PG&E Corporation (NYSE:PCG) to Hold in a statement released on 09/21/2016.
Having a price of $62.54, PG&E Corporation (NYSE:PCG) traded 0.28% higher on the day. With the last stock price up 4.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $63.02 and a 200-day moving average of $61.26. 2,120,841 shares of PG&E Corporation exchanged hands, down from an avg. volume of 2,848,680
With a total market value of $0, PG&E Corporation has price-earnings ratio of 42.26 with a one year low of $50.65 and a one year high of $65.43 .
A total of 16 equity analysts have released a ratings update on PCG. Four equity analysts rating the company a strong buy, eight analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $62.78.
More About PG&E Corporation (NYSE:PCG)
PG&E Corporation is a holding company. The Company's primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utility's operations include sale and delivery of electricity and natural gas to customers. 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 electricity, transmission and distribution services to customers in its service territory. The Utility owns over 18,400 circuit miles of interconnected transmission lines operating at voltages ranging from 60 Kilovolts to 500 Kilovolts. The Utility also operated over 90 electric transmission substations with a capacity of over 63,400 Megavolt amperes (MVA). The Utility's electric transmission system is interconnected with electric power systems in the Western Electricity Coordinating Council.
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