PG&E Corp has a consensus price target of $20.57 based on the ratings of 15 analysts. The high is $23 issued by Barclays on July 30, 2024. The low is $16 issued by Evercore ISI Group on October 23, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, Barclays, and Wells Fargo on August 23, 2024, July 30, 2024, and July 26, 2024, respectively. With an average price target of $21.33 between Morgan Stanley, Barclays, and Wells Fargo, there's an implied 13.48% upside for PG&E Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PG&E (NYSE:PCG) was reported by Morgan Stanley on August 23, 2024. The analyst firm set a price target for $19.00 expecting PCG to rise to within 12 months (a possible 1.06% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for PG&E (NYSE:PCG) was provided by Morgan Stanley, and PG&E maintained their equal-weight rating.
The last upgrade for PG&E Corp happened on June 10, 2024 when JP Morgan raised their price target to $22. JP Morgan previously had a neutral for PG&E Corp.
The last downgrade for PG&E Corp happened on January 3, 2023 when UBS changed their price target from N/A to $17 for PG&E Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PG&E, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PG&E was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest PG&E (PCG) rating was a maintained with a price target of $18.00 to $19.00. The current price PG&E (PCG) is trading at is $18.80, which is within the analyst’s predicted range.
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