Morgan Stanley (NYSE:MS) analyst David Arcaro maintained a Buy rating on Public Service Enterprise on Tuesday, setting a price target of $75, which is approximately 18.15% above the present share price of $63.48.
Arcaro expects Public Service Enterprise to post earnings per share (EPS) of $0.85 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Public Service Enterprise, with an average price target of $64.63.
The analysts price targets range from a high of $71 to a low of $58.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.4 billion and a net profit of $432 million. The company's market cap is $32.06 billion.
According to TipRanks.com, Morgan Stanley analyst David Arcaro is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of 0.1% and a 38.46% 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.