Key Takeaways From Public Service Enterprise Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analyst ratings for Public Service Enterprise (NYSE:PEG) show a mix of bullish to bearish sentiments, with a recent trend towards more positive evaluations. The average 12-month price target has increased to $68.4, reflecting a 4.24% rise. Recent analyst actions include both upgrades and a single downgrade, with most price targets being raised. Public Service Enterprise, a utility holding company, has seen a -17.01% decline in revenue growth but maintains strong profitability indicators such as a high net margin and ROE.
April 04, 2024 | 5:00 pm
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Public Service Enterprise (PEG) has seen a mix of analyst ratings but trends towards more positive evaluations with an increased average price target of $68.4. Despite a recent revenue decline, the company's profitability metrics like net margin and ROE remain strong.
The mix of analyst ratings with a general trend towards positivity and an increased average price target suggests a bullish outlook for PEG in the short term. Despite the revenue decline, the company's strong profitability indicators such as net margin and ROE support a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100