Portland General Electric Company (NYSE:POR) has been upgraded to Hold in a report by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Only yesterday Portland General Electric Company (NYSE:POR) traded -0.46% lower at $40.32. Portland General Electric Company’s 50-day moving average is $42.34 and its 200-day moving average is $41.93. The last closing price is down -1.02% relative to the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trading volume was down over the average, with 283,234 shares of POR changing hands under the typical 523,120
Zacks Investment Research has upgraded Portland General Electric Company (NYSE:POR) to Hold in a report released on 10/12/2016.
Portland General Electric Company has 52 week low of $34.97 and a one year high of $45.21 with a price-earnings ratio of 20.00 and has a market cap of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 analysts have released a research note on POR. The one year price target is $40.61 with two equity analysts rating the company a strong buy, 1 broker rating the stock a buy, 9 firms rating the stock a hold, two brokers rating the stock a underperform, and finally zero analysts rating the company a sell.
About Portland General Electric Company (NYSE:POR)
Portland General Electric Company (PGE) is an electric utility company. The Company is engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities, brokers and power marketers. The Company has approximately four natural gas-fired generating facilities, which include PW1, PW2, Beaver and Coyote Springs Unit 1 (Coyote Springs). PGE owns and operates over two wind farms, including Biglow Canyon Wind Farm (Biglow Canyon) and Tucannon River. Biglow Canyon, which is located in Sherman County, Oregon, is its renewable energy resource consisting of approximately 220 wind turbines with a total nameplate capacity of over 450 megawatts (MW). Its Tucannon River is located in southeastern Washington and consists of approximately 120 wind turbines with a total nameplate capacity of over 270 MW.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.