On May 22, 2025, Morgan Stanley analyst David Arcaro released an updated report on Public Service Enterprise Group (PEG, Financial). The report maintains an "Overweight" rating for the company's stock, reflecting continued positive sentiment from the analyst towards the company’s long-term potential.
However, the price target for PEG has been adjusted downward. The new target price is set at $101.00 USD, a slight decrease from the prior target of $102.00 USD. This represents a change of -0.98% in the price target, indicating a minor recalibration in the stock valuation outlook by the analyst.
Investors should note that although the price target has been lowered, the retained "Overweight" rating suggests that Morgan Stanley anticipates that Public Service Enterprise will outperform in the sector compared to its peers, despite the adjustment in the expected price target.
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 $86.84 with a high estimate of $102.00 and a low estimate of $72.11. The average target implies an upside of 11.49% from the current price of $77.89. 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 $74.71, suggesting a downside of 4.08% from the current price of $77.89. 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.
