Public Service Enterprise Group Inc. (NYSE:PEG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: December 1, 2016
Showing a price of $41.31, Public Service Enterprise Group Inc. (NYSE:PEG) traded -0.29% lower on the day. With the last stock price close down -4.97% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. PEG has recorded a 50-day average of $41.06 and a two hundred day average of $43.35. Trade Volume was down over the average, with 1,637,963 shares of PEG changing hands under the typical 2,933,830
Zacks Investment Research has downgraded Public Service Enterprise Group Inc. (NYSE:PEG) to Hold in a statement released on 12/1/2016.
On 11/30/2016, Zacks Investment Research released a statement on Public Service Enterprise Group Inc. (NYSE:PEG) upped the target price from $0.00 to $48.00 that suggested an upside of 0.12%.
Recent Performance Chart
Public Service Enterprise Group Inc. has PE ratio of 16.22 with a one year low of $36.80 and a one year high of $47.41 and has a market capitalization of $0.
A total of 16 analysts have released a report on Public Service Enterprise Group Inc.. Three analysts rating the company a strong buy, one analyst rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $46.09.
General Company Details For Public Service Enterprise Group Inc. (NYSE:PEG)
Public Service Enterprise Group Incorporated (PSEG) is an energy holding company with operations located in the Northeastern and Mid- Atlantic United States. The Company is engaged in the transmission and distribution of electricity and natural gas. The Company's business consists of two segments, including Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (Power). The Company's PSE&G is a public utility company, which is engaged in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. The Company's Power is a multi-regional, wholesale energy supply company that integrates its generating asset operations and gas supply commitments with its wholesale energy, fuel supply and energy trading transacting functions. The Company's other direct subsidiaries are PSEG Energy Holdings L.L.C. and PSEG Long Island LLC.
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