UBS Keeps Their Hold Rating on PG&E Corp (PCG)

By Ryan Adsit

UBS analyst Daniel Ford maintained a Hold rating on PG&E Corp (PCGResearch Report) today and set a price target of $13. The company’s shares closed last Monday at $10.46, close to its 52-week low of $5.07.

According to TipRanks.com, Ford is a 5-star analyst with an average return of 7.5% and a 66.6% success rate. Ford covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, Pinnacle West Capital Corp, and Public Service Enterprise.

PG&E Corp has an analyst consensus of Hold, with a price target consensus of $18.50, which is a 71.5% upside from current levels. In a report issued on August 12, Wells Fargo also maintained a Hold rating on the stock with a $25 price target.

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The company has a one-year high of $49.42 and a one-year low of $5.07. Currently, PG&E Corp has an average volume of 7.13M.

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