Portland General Electric (POR) Stock Forecast & Price Target

$48.58

-0.26 (-0.53%)

(As of 09/18/2024 ET)

Portland General Electric - Analysts' Recommendations and Stock Price Forecast (2024)

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

Hold
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Portland General Electric in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 1 has given a sell rating, 3 have given a hold rating, and 3 have given a buy rating for POR.

Consensus Price Target

$45.57
-6.20% Downside

High Forecast	$49.00
Average Forecast	$45.57
Low Forecast	$43.00

According to the 7 analysts' twelve-month price targets for Portland General Electric, the average price target is $45.57. The highest price target for POR is $49.00, while the lowest price target for POR is $43.00. The average price target represents a forecasted downside of -6.20% from the current price of $48.59.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$45.57	$44.86	$44.00	$49.25
Forecasted Upside	-6.20% Downside	6.35% Upside	5.84% Upside	5.88% Upside

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POR 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.

POR 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.

Portland General Electric Stock vs. The Competition

Type	Portland General Electric	Utilities Companies	S&P 500
Consensus Rating Score	2.29	2.46	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-6.20% Downside	70.25% Upside	7.94% Upside
News Sentiment Rating	Positive 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
9/18/2024	Barclays 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight	$48.00 ➝ $49.00	+0.35%
9/12/2024	Bank of America 4 of 5 stars		Initiated Coverage	Underperform	$47.00	-1.12%
7/22/2024	KeyCorp 3 of 5 stars	S. Karp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight
5/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$42.00 ➝ $45.00	+0.83%
1/29/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$47.00 ➝ $45.00	+10.89%
11/9/2023	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$43.00	+6.09%
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10/20/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$52.00 ➝ $45.00	+10.84%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$48.00 ➝ $45.00	+10.24%
6/20/2023	58.com Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Downgrade
5/8/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$56.00	+9.06%
2/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$48.00 ➝ $51.00	+4.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:53 PM ET.

POR Forecast - Frequently Asked Questions

What is Portland General Electric's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Portland General Electric is $45.57, with a high forecast of $49.00 and a low forecast of $43.00.
Should I buy or sell Portland General Electric stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Portland General Electric in the last year. There is currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" POR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POR, but not buy additional shares or sell existing shares.
Does Portland General Electric's stock price have much upside?: According to analysts, Portland General Electric's stock has a predicted upside of 4.63% based on their 12-month stock forecasts.
Has Portland General Electric been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Portland General Electric's stock had 1 upgrade and 1 downgrade by analysts.
What analysts cover Portland General Electric?: Portland General Electric has been rated by research analysts at Bank of America, Barclays, and KeyCorp in the past 90 days.
Do Wall Street analysts like Portland General Electric more than its competitors?: Analysts like Portland General Electric less than other "utilities" companies. The consensus rating score for Portland General Electric is 2.29 while the average consensus rating score for "utilities" companies is 2.46. Learn more on how POR compares to other companies.