Analysts’ Outlook for Public Service Enterprise Stock

Public Service Enterprise

In this series, we’ve looked at S&P 500 Utilities stocks that offer attractive potential upsides. Analysts’ mean target price of $55.88 for Public Service Enterprise (PEG) implies an 8% upside to its current price of $51.74 over the next year.

Overall, analysts seem positive on Public Service Enterprise stock. Of the 15 analysts covering PEG, four recommend “strong buy,” five recommend “buy,” and six recommend “hold.”

Analysts’ Outlook for Public Service Enterprise Stock

Peers’ price targets

Analysts’ mean target price of $85.34 for Entergy (ETR) implies a 4.5% upside to its current price of $81.70. Meanwhile, their mean target price of $44.35 for Exelon (EXC) implies a 6% upside to its current price of $41.92.

The top four utility stocks, NextEra Energy (NEE), Duke Energy (DUK), Southern Company (SO), and Dominion Energy (D), form ~35% of the Utilities Select Sector SPDR ETF (XLU). To learn more about their outlook, read How Top Utility Stocks Fared in the First Half of 2018.