On May 1, 2025, Guggenheim analyst Shahriar Pourreza maintained a 'Buy' rating for Public Service Enterprise (PEG, Financial) while adjusting the price target from USD 98.00 to USD 94.00. This represents a 4.08% decrease from the prior price target.
The recent adjustment reflects Guggenheim's updated assessment of PEG's potential performance and market conditions. Despite the lowered price target, PEG retains a favorable 'Buy' rating, indicating continued optimism from Guggenheim regarding the company's stock.
The price target change for PEG signifies a recalibration of expectations while maintaining a positive outlook for future growth. Investors and stakeholders in PEG are advised to consider these new projections when evaluating their positions.
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 9.72% from the current price of $79.51. 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 9.01% from the current price of $79.51. 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.
