Key Takeaways From Public Service Enterprise Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Public Service Enterprise (NYSE:PEG) over the past quarter, with a notable increase in bullish sentiment. The average 12-month price target has risen to $70.09, with a high estimate of $80.00 and a low estimate of $62.00. Despite a recent decline in revenue growth, the company maintains strong financial health with high net margins, ROE, and ROA.
May 23, 2024 | 12:00 pm
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Public Service Enterprise (NYSE:PEG) has received mixed analyst ratings, with a recent increase in bullish sentiment. The average 12-month price target has risen to $70.09. Despite a decline in revenue growth, the company shows strong financial health indicators.
The increase in bullish ratings and the rise in the average price target suggest positive short-term sentiment among analysts. Despite the revenue decline, strong financial health indicators such as high net margins, ROE, and ROA support a likely positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100