PG&E Corp has a consensus price target of $21.44 based on the ratings of 17 analysts. The high is $26 issued by UBS on September 3, 2024. The low is $16 issued by Evercore ISI Group on October 23, 2023. The 3 most-recent analyst ratings were released by Barclays, Jefferies, and Morgan Stanley on October 21, 2024, October 14, 2024, and September 25, 2024, respectively. With an average price target of $23 between Barclays, Jefferies, and Morgan Stanley, there's an implied 9.01% 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 Barclays on October 21, 2024. The analyst firm set a price target for $25.00 expecting PCG to rise to within 12 months (a possible 18.49% upside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for PG&E (NYSE:PCG) was provided by Barclays, and PG&E maintained their overweight 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 October 21, 2024 so you should expect the next rating to be made available sometime around October 21, 2025.
While ratings are subjective and will change, the latest PG&E (PCG) rating was a maintained with a price target of $24.00 to $25.00. The current price PG&E (PCG) is trading at is $21.10, which is out of the analyst’s predicted range.
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