Based on analyst consensus, PG&E (PCG) is currently rated as a "Strong Buy," indicating a positive outlook from financial professionals.
Analyst Consensus and Ratings
Financial analysts generally view PG&E favorably, assigning it a "Strong Buy" consensus rating. This high rating suggests a strong belief among analysts that the stock is poised for significant gains over the next 12 months. The consensus is derived from a breakdown of individual analyst recommendations:
- Buy Ratings: 8 analysts
- Hold Ratings: 2 analysts
- Sell Ratings: 0 analysts
The overwhelming majority of "Buy" ratings, with no "Sell" recommendations, underpins the "Strong Buy" consensus, signaling a robust positive sentiment for PG&E's stock performance.
Price Target and Upside Potential
Analysts have also provided specific price targets for PG&E, forecasting its potential future value. The average 12-month price target for PG&E is $23.80.
This average price target implies a substantial 21.43% upside potential from its current trading levels. This metric suggests that analysts anticipate the stock's price to increase by over a fifth within the next year, making it an attractive prospect for growth-oriented investors.
Key Investment Metrics
To summarize the analyst outlook, here are the key metrics:
Metric | Value |
---|---|
Consensus Rating | Strong Buy |
Buy Ratings | 8 |
Hold Ratings | 2 |
Sell Ratings | 0 |
Average Price Target | $23.80 |
Upside Potential | 21.43% |
This data collectively indicates that, from the perspective of professional financial analysts, PG&E presents a compelling investment opportunity, with a strong buy recommendation and significant expected growth.