PG&E Corp (PCG) Gets a Hold Rating from Barclays

By Austin Angelo

In a report released yesterday, Eric Beaumont from Barclays maintained a Hold rating on PG&E Corp (PCGResearch Report), with a price target of $19. The company’s shares opened today at $17, close to its 52-week low of $15.78.

According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -1.6% and a 25.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Edison International.

PG&E Corp has an analyst consensus of Moderate Buy, with a price target consensus of $33, representing a 94.1% upside. In a report issued on January 2, Morgan Stanley also reiterated a Hold rating on the stock with a $31 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $49.42 and a one-year low of $15.78. Currently, PG&E Corp has an average volume of 12.95M.

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.