J.P. Morgan Keeps Their Hold Rating on PG&E Corp (PCG)

By Carrie Williams

In a report released today, Christopher Turnure from J.P. Morgan maintained a Hold rating on PG&E Corp (PCGResearch Report), with a price target of $11. The company’s shares closed yesterday at $9.98, close to its 52-week low of $5.07.

According to TipRanks.com, Turnure is ranked #2095 out of 5117 analysts.

Currently, the analyst consensus on PG&E Corp is a Hold with an average price target of $11.69, implying a 17.1% upside from current levels. In a report issued on January 14, Citigroup also downgraded the stock to Hold with a $11 price target.

See today’s analyst top recommended stocks >>

PG&E Corp’s market cap is currently $7.21B and has a P/E ratio of 53.47. The company has a Price to Book ratio of 0.37.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

PG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. The company was founded in 1995 and is headquartered in San Francisco, CA.