Public Service Enterprise Group Incorporated (PEG) has been the subject of significant attention.
SG Americas Securities LLC has increased its stake in PEG, and while PEG's price appears out of sync with earnings, its
Return on Equity continues to outperform the industry average. Despite the fluctuations in comparison to competitors, PEG remains an attractive utility stock to buy, with Toronto-based
Norden Group LLC and investment giant,
Mirae Asset Global Investments Co. Ltd, expanding their positions. PEG's shares have experienced a moderate buying trend with Barclays raising the new price target to $80.00. The company's 2024 earnings call reported both misses and gains, and it also reached a 52-week high at $75.93. PEG is expected to pay a dividend of $0.60, further enhancing investor confidence. The energy efficiency programs of PSEG are now projected to save around $484M and avoid approximately 1.6M metric tons of carbon emissions annually. Meanwhile, PSEG's debt situation and weaker financial position warrant monitoring and have raised concerns among shareholders.
Public Service Enterprise Group Incorporated PEG News Analytics from Thu, 12 Aug 2021 07:00:00 GMT to Sun, 14 Jul 2024 14:13:49 GMT -
Rating 4
- Innovation 5
- Information 8
- Rumor -5
