Zacks Investment Research downgraded PG&E Corporation (NYSE:PCG) to Sell in a report released today.
- Updated: October 13, 2016
Yesterday PG&E Corporation (NYSE:PCG) traded 1.01% higher at $59.85. The company’s 50-day moving average is $61.72 and its 200-day moving average is $61.48. The last stock close price is down -2.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 877,654 shares of the stock were exchanged, down from an average trading volume of 2,728,070
Zacks Investment Research has downgraded PG&E Corporation (NYSE:PCG) to Sell in a report released on 10/13/2016.
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PG&E Corporation has a 52 week low of $50.65 and a 52 week high of $65.43 with a P/E ratio of 39.44 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 16 firms have issued a report on the stock. The consensus target price is $62.78 with 4 firms rating the stock a strong buy, 8 firms rating the stock a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information 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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