J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Public Service Enterprise on Tuesday, setting a price target of $71, which is approximately 8.91% above the present share price of $65.19.
Tonet expects Public Service Enterprise to post earnings per share (EPS) of -$3.10 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Public Service Enterprise, with an average price target of $69.8.
The analysts price targets range from a high of $75 to a low of $67.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.9 billion and a net profit of -$47 million. The company's market cap is $32.96 billion.
According to TipRanks.com, J.P. Morgan analyst Jeremy Tonet is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.1% and a 56.52% success rate.
Public Service Enterprise Group (NYSE:PEG) Incorporated is a diversified energy company. The company engages in the generation, transmission, and distributions of electricity and gas to residential, commercial, and industrial customers in the Northeastern and Mid-Atlantic United States.