Public Service Enterprise Group (PEG) Stock Forecast & Price Target

$83.82 -0.85 (-1.01%)

Closing price 02/21/2025 03:59 PM Eastern

Extended Trading

$83.96 +0.14 (+0.17%)

As of 02/21/2025 07:44 PM Eastern

Public Service Enterprise Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 13 Analyst Ratings

Sell
0

Hold
5

Buy
8

Based on 13 Wall Street analysts who have issued ratings for Public Service Enterprise Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 5 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for PEG.

Consensus Price Target

$88.83
5.99% Upside

According to the 13 analysts' twelve-month price targets for Public Service Enterprise Group, the average price target is $88.83. The highest price target for PEG is $100.00, while the lowest price target for PEG is $80.00. The average price target represents a forecasted upside of 5.99% from the current price of $83.82.

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PEG Analyst Ratings Over Time

Type	Current Forecast 2/24/24 to 2/23/25	1 Month Ago 1/25/24 to 1/24/25	3 Months Ago 11/26/23 to 11/25/24	1 Year Ago 2/24/23 to 2/24/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	5 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$88.83	$89.17	$86.69	$63.95
Forecasted Upside	5.99% Upside	1.28% Upside	-6.79% Downside	5.27% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PEG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PEG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Public Service Enterprise Group Stock vs. The Competition

Type	Public Service Enterprise Group	Utilities Companies	S&P 500
Consensus Rating Score	2.69	2.56	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.99% Upside	29.16% Upside	14.35% Upside
News Sentiment Rating	Positive News See Recent PEG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/27/2025	Barclays 3 of 5 stars	Nicholas Campanella Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$88.00 ➝ $84.00	-4.59%
12/12/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$73.00 ➝ $86.00	-0.74%
12/11/2024	Guggenheim 2 of 5 stars	S. Pourreza Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy
10/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$94.00 ➝ $98.00	+10.75%
10/21/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$86.00 ➝ $89.00	-1.44%
10/16/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$85.00 ➝ $100.00	+12.31%
10/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$92.00 ➝ $95.00	+4.02%
9/23/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$83.00 ➝ $95.00	+9.50%
9/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$85.00	+2.03%
8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$84.00 ➝ $88.00	+9.21%
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8/5/2024	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Fremont Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
7/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$80.00 ➝ $84.00	+12.28%
5/23/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$65.00 ➝ $80.00	+7.63%
12/1/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$68.00 ➝ $70.00	+10.83%
6/7/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$64.00	+2.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:01 PM ET.

Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, February 20, 2025. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com.

Public Service Enterprise Group
Bull Case

Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated:

The company recently increased its quarterly dividend to $0.63 per share, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend of $2.52, providing a dividend yield of 3.01%, which is attractive for income-focused investors.
Public Service Enterprise Group Incorporated has a strong market capitalization of approximately $41.78 billion, indicating a stable and established presence in the utility sector, which can provide a sense of security for investors.
Recent analyst ratings show a consensus average rating of "Moderate Buy" with a target price of $88.83, suggesting potential upside from the current stock price of $83.85, which could attract investors looking for growth opportunities.
The company has demonstrated resilience with a relatively low beta of 0.64, indicating that its stock price is less volatile compared to the overall market, making it a potentially safer investment during market fluctuations.
Public Service Enterprise Group Incorporated operates in the electric and gas utility sector, which tends to be less affected by economic downturns, providing a stable revenue stream and making it a defensive investment choice.

Public Service Enterprise Group
Bear Case

Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons:

The company's debt-to-equity ratio stands at 1.18, which indicates a higher level of debt compared to equity. This could pose risks, especially if interest rates rise or if the company faces financial challenges.
Despite the recent dividend increase, the dividend payout ratio is currently at 58.97%, which means that a significant portion of earnings is being distributed as dividends. This could limit the company's ability to reinvest in growth opportunities.
Public Service Enterprise Group Incorporated's stock has experienced fluctuations, with a 52-week high of $95.22 and a low of $58.96, indicating potential volatility that could deter risk-averse investors.
Insider selling activity has been noted, with a total of 3,712 shares sold worth $317,644 over the last 90 days. This could raise concerns about the confidence of insiders in the company's future performance.
The current quick ratio of 0.48 suggests that the company may have difficulty meeting its short-term liabilities, which could be a red flag for investors concerned about liquidity.

PEG Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Public Service Enterprise Group is $88.83, with a high forecast of $100.00 and a low forecast of $80.00.
: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PEG shares.
: According to analysts, Public Service Enterprise Group's stock has a predicted upside of 5.99% based on their 12-month stock forecasts.
: Over the previous 90 days, Public Service Enterprise Group's stock had 1 downgrade by analysts.
: Public Service Enterprise Group has been rated by research analysts at Barclays, Guggenheim, and Scotiabank in the past 90 days.
: Analysts like Public Service Enterprise Group more than other "utilities" companies. The consensus rating score for Public Service Enterprise Group is 2.69 while the average consensus rating score for "utilities" companies is 2.56. Learn more on how PEG compares to other companies.

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This page (NYSE:PEG) was last updated on 2/23/2025 by MarketBeat.com Staff

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Public Service Enterprise Group (PEG) Stock Forecast & Price Target