Barclays (LON:BARC) analyst Eric Beaumont maintained a Sell rating on Portland General Electric Company (NYSE:GE) on Friday, setting a price target of $52, which is approximately 3.01% above the present share price of $50.48.
Beaumont expects Portland General Electric Company to post earnings per share (EPS) of $0.56 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Sell rating of shares in Portland GE (NYSE:POR), with an average price target of $52.5.
The analysts price targets range from a high of $53 to a low of $52.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $642 million and a net profit of $83 million. The company's market cap is $4.51 billion.
According to TipRanks.com, Barclays analyst Eric Beaumont is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.3% and a 58.82% success rate.
Portland General Electric Co. is a vertically integrated electric utility company, which engages in the generation, purchase, transmission, distribution, and retail of electricity. The firm sells electricity and natural gas in the wholesale market to utilities, brokers, and power marketers. It also serves residential, commercial, and non-residential customers. The company was founded in 1888 and is headquartered in Portland, OR.