Analyst Expectations for PG&E's Future
Portfolio Pulse from Benzinga Insights
PG&E (NYSE:PCG) has received 8 analyst ratings in the last quarter with an average price target of $17.88, slightly above its current price of $17.85. The ratings include 3 bullish, 2 somewhat bullish, and 3 indifferent, with no bearish ratings. The current average price target represents a 0.67% decrease from the previous target of $18.00. Analysts rate stocks to provide investment guidance, but their advice may be subject to error.
November 17, 2023 | 6:00 pm
News sentiment analysis
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POSITIVE IMPACT
PG&E has a stable analyst outlook with a slight upside potential based on the average price target of $17.88. The consensus indicates a neutral to slightly positive sentiment with no bearish ratings.
The average price target is marginally higher than the current stock price, suggesting a modest upside. The absence of bearish ratings and the presence of bullish and somewhat bullish ratings could contribute to a positive sentiment among investors, potentially leading to a short-term increase in the stock price. However, the small decrease from the previous price target and the presence of indifferent ratings indicate that the upside might be limited, hence the importance is not at the highest level.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100