Jefferies Keeps a Buy Rating on PG&E Corp

By Austin Angelo

In a report issued on July 28, Anthony Crowdell from Jefferies reiterated a Buy rating on PG&E Corp (NYSE: PCG), with a price target of $76. The company’s shares closed on Friday at $67.45.

According to TipRanks.com, Crowdell is a 4-star analyst with an average return of 6.7% and a 74.3% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.

PG&E Corp has an analyst consensus of Moderate Buy, with a price target consensus of $71.67.

The company has a one year high of $70.32 and a one year low of $57.60. Currently, PG&E Corp has an average volume of 2.59M.

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PG&E Corp. is a holding company of PG&E Co., 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.