Barclays (LON:BARC) analyst Eric Beaumont maintained a Buy rating on Pacific Gas & Electric Co (NYSE:PCG). on Tuesday, setting a price target of $16, which is approximately 27.29% above the present share price of $12.57.
Beaumont expects Pacific Gas & Electric Co. to post earnings per share (EPS) of $0.70 for the second quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in PG&E, with an average price target of $14.93.
The analysts price targets range from a high of $17 to a low of $13.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.31 billion and a net profit of $655 million. The company's market cap is $6.26 billion.
According to TipRanks.com, Barclays analyst Eric Beaumont is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.7% and a 64.71% success rate.
Pacific Gas & Electric Co. engages in the provision of natural gas and electric services. It owns and operates an integrated natural gas transportation, storage, and distribution system in California and also offers backbone gas transmission, gas delivery, and gas storage services as separate and distinct services. The firm also offers gas supplying, gathering facilities. The company was founded in 1905 and is headquartered in San Francisco, CA.