Evercore ISI Group has released their latest analysis on Public Service Enterprise Group Incorporated (PEG, Financial), making a notable adjustment to the company's price target. The firm, represented by analyst Greg Gordon, has lowered PEG's price target from $99.00 USD to $92.00 USD. This adjustment represents a decrease of approximately 7.07% in the projected price target.
Despite the reduction in the price target, Evercore ISI Group has maintained its "Outperform" rating for PEG, indicating continued confidence in the stock's potential to surpass average market returns. The adjustment and rating were reported on May 1, 2025.
Investors and stakeholders of Public Service Enterprise Group Incorporated (PEG, Financial) will be closely monitoring the company's performance in the face of this updated price target. The unchanged "Outperform" rating suggests that the market outlook remains positive, despite the revised price expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Public Service Enterprise Group Inc (PEG, Financial) is $87.24 with a high estimate of $102.00 and a low estimate of $72.11. The average target implies an upside of 9.61% from the current price of $79.59. More detailed estimate data can be found on the Public Service Enterprise Group Inc (PEG) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Public Service Enterprise Group Inc's (PEG, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Public Service Enterprise Group Inc (PEG, Financial) in one year is $72.35, suggesting a downside of 9.1% from the current price of $79.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Public Service Enterprise Group Inc (PEG) Summary page.
