SunTrust Robinson Remains a Hold on Pinnacle West Capital Corp

By Austin Angelo

In a report released today, Ali Agha from SunTrust Robinson reiterated a Hold rating on Pinnacle West Capital Corp (NYSE: PNW), with a price target of $82. The company’s shares opened today at $78.51.

According to TipRanks.com, Agha is a 4-star analyst with an average return of 5.9% and a 61.0% success rate. Agha covers the Utilities sector, focusing on stocks such as American Electric Power, Great Plains Energy Inc, and Edison International.

Pinnacle West Capital Corp has an analyst consensus of Hold, with a price target consensus of $82.29.

The company has a one-year high of $92.48 and a one-year low of $73.81. Currently, Pinnacle West Capital Corp has an average volume of 916.3K.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock.

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Pinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co.