RBC Capital analyst Shelby Tucker maintained a Buy rating on Public Service Enterprise on Wednesday, setting a price target of $65, which is approximately 10.77% above the present share price of $58.68.
Tucker expects Public Service Enterprise to post earnings per share (EPS) of $1.15 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Public Service Enterprise, with an average price target of $64.38.
The analysts price targets range from a high of $71 to a low of $56.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.37 billion and a net profit of $511 million. The company's market cap is $29.68 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 69.41% success rate.
Public Service Enterprise Group (NYSE:PEG), Inc. is a holding company, which engages in the provision of electric and gas services. The firm operates through the following two segments: Public Service Electric & Gas Co. (PSE&G) and PSEG Power. The PSE&G segment engages in the transmission of electricity and distribution of electricity and natural gas. The PSEG Power segment wholesales energy, fuel supply, and energy transacting functions. Its products and services include energy, capacity, ancillary services, and emissions allowances and congestion credits. The company was founded in 1903 and is headquartered in Newark, NJ.