PriceTargets.com logo

Public Service Enterprise Group - PEG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $67.20
  • Forecasted Upside: 10.44%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$60.85 As of 02/3/2023 10:04 PM ET
▼ -1.28 (-2.06%)

This chart shows the closing price for PEG by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Public Service Enterprise Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for PEG and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for PEG

Analyst Price Target is $67.20
▲ +10.44% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Public Service Enterprise Group in the last 3 months. The average price target is $67.20, with a high forecast of $76.00 and a low forecast of $59.00. The average price target represents a 10.44% upside from the last price of $60.85.

This chart shows the closing price for PEG for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 9 contributing investment analysts is to hold stock in Public Service Enterprise Group. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/14/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/12/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/10/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/11/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
8/9/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/7/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/6/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/5/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/23/2023Morgan StanleyBoost TargetOverweight$69.00 ➝ $70.00Low
12/15/2022Morgan StanleyLower TargetOverweight$71.00 ➝ $69.00Low
11/22/2022MizuhoLower TargetBuy$68.00 ➝ $60.00Low
11/17/2022Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
11/14/2022BMO Capital MarketsLower TargetMarket Perform$64.00 ➝ $59.00Low
11/11/2022Morgan StanleyBoost TargetOverweight$68.00 ➝ $71.00Low
11/4/2022UBS GroupLower Target$74.00Low
11/4/2022GuggenheimLower Target$67.00Low
11/4/2022Credit Suisse GroupBoost Target$63.00Low
11/1/2022BMO Capital MarketsBoost TargetMarket Perform$61.00 ➝ $64.00Low
11/1/2022Wells Fargo & CompanyLower TargetOverweight$69.00 ➝ $68.00Low
10/24/2022GuggenheimLower Target$76.00 ➝ $71.00Low
10/21/2022Morgan StanleyLower TargetOverweight$81.00 ➝ $68.00Low
10/19/2022Wells Fargo & CompanyLower TargetOverweight$81.00 ➝ $69.00Low
10/4/2022The Goldman Sachs GroupBoost TargetBuy$75.00 ➝ $76.00Low
8/18/2022Morgan StanleyBoost TargetOverweight$75.00 ➝ $81.00Low
8/9/2022Credit Suisse GroupBoost Target$69.00Low
8/3/2022Wells Fargo & CompanyLower TargetOverweight$65.00 ➝ $64.00Low
7/18/2022BarclaysLower TargetEqual Weight$75.00 ➝ $66.00Low
7/12/2022MizuhoLower TargetBuy$73.00 ➝ $68.00N/A
5/23/2022Morgan StanleyLower TargetOverweight$83.00 ➝ $82.00Low
4/25/2022Credit Suisse GroupInitiated CoverageNeutral$76.00Medium
4/20/2022Morgan StanleyBoost TargetOverweight$80.00 ➝ $86.00Low
4/12/2022Wells Fargo & CompanyBoost TargetOverweight$82.00 ➝ $87.00Medium
3/31/2022Wells Fargo & CompanyBoost TargetOverweight$72.00 ➝ $82.00Low
3/22/2022Morgan StanleyBoost TargetOverweight$75.00 ➝ $80.00Low
3/22/2022CitigroupInitiated CoverageNeutral$69.00Low
1/25/2022Evercore ISIUpgradeIn-Line ➝ Outperform$71.00Medium
1/7/2022MizuhoBoost Target$67.00 ➝ $73.00Low
1/7/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$71.00 ➝ $73.00High
12/21/2021Morgan StanleyBoost TargetOverweight$75.00 ➝ $79.00Low
10/19/2021KeyCorpBoost TargetOverweight$68.00 ➝ $69.00High
10/11/2021MizuhoBoost TargetBuy$66.00 ➝ $67.00Medium
10/6/2021BarclaysBoost TargetEqual Weight$67.00 ➝ $68.00Low
9/29/2021Vertical ResearchUpgradeHold ➝ Buy$67.00 ➝ $69.00Medium
9/28/2021Wells Fargo & CompanyLower TargetOverweight$75.00 ➝ $73.00Medium
9/28/2021BMO Capital MarketsBoost TargetMarket Perform$65.00 ➝ $67.00Medium
9/28/2021MizuhoLower TargetBuy$67.00 ➝ $66.00Medium
9/17/2021Morgan StanleyLower TargetOverweight$74.00 ➝ $73.00Medium
8/26/2021Wells Fargo & CompanyBoost TargetOverweight$74.00 ➝ $75.00Low
8/19/2021Morgan StanleyBoost TargetOverweight$71.00 ➝ $74.00Low
8/13/2021KeyCorpBoost TargetOverweight$65.00 ➝ $68.00Medium
7/20/2021Morgan StanleyLower TargetOverweight$72.00 ➝ $71.00Low
6/21/2021Morgan StanleyLower TargetOverweight$75.00 ➝ $72.00Medium
5/25/2021BarclaysBoost TargetAverage ➝ Equal Weight$62.00 ➝ $67.00High
5/24/2021Seaport Res PtnUpgradeNeutral ➝ BuyHigh
4/29/2021MizuhoUpgradeNeutral ➝ Buy$56.00 ➝ $67.50Low
4/20/2021Morgan StanleyBoost TargetOverweight$70.00 ➝ $75.00Low
4/14/2021Wells Fargo & CompanyBoost TargetOverweight$64.00 ➝ $71.00Low
4/14/2021KeyCorpBoost TargetOverweight$60.00 ➝ $65.00Low
3/19/2021Morgan StanleyLower TargetOverweight$72.00 ➝ $70.00Medium
2/25/2021Morgan StanleyLower TargetOverweight$73.00 ➝ $72.00Low
1/20/2021Morgan StanleyBoost TargetOverweight$71.00 ➝ $73.00Low
1/14/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$66.00Medium
1/12/2021KeyCorpLower TargetOverweight$66.00 ➝ $60.00Low
1/8/2021MizuhoLower TargetNeutral$57.00 ➝ $56.00High
12/15/2020Morgan StanleyLower TargetOverweight$76.00 ➝ $71.00Low
11/18/2020BarclaysBoost TargetPositive ➝ Equal Weight$59.00 ➝ $65.00Medium
11/17/2020Morgan StanleyBoost TargetOverweight$74.00 ➝ $76.00Low
10/20/2020Morgan StanleyBoost TargetOverweight$68.00 ➝ $74.00Low
10/19/2020KeyCorpBoost TargetOverweight$64.00 ➝ $66.00Low
10/9/2020MizuhoBoost TargetNeutral$56.00 ➝ $57.00Medium
9/28/2020Royal Bank of CanadaBoost TargetOutperform$60.00 ➝ $63.00Low
9/22/2020Bank of AmericaUpgradeNeutral ➝ Buy$58.00 ➝ $57.00Medium
9/18/2020Morgan StanleyBoost TargetOverweight$67.00 ➝ $68.00High
8/17/2020BarclaysBoost TargetAverage ➝ Equal Weight$53.00 ➝ $59.00Medium
8/14/2020Morgan StanleyBoost TargetOverweight$66.00 ➝ $67.00Low
8/3/2020Bank of AmericaBoost TargetNeutral$57.00 ➝ $60.00Low
7/21/2020Bank of AmericaDowngradeBuy ➝ Neutral$55.00 ➝ $57.00Medium
7/17/2020Morgan StanleyBoost TargetOverweight$64.00 ➝ $66.00High
7/13/2020Wells Fargo & CompanyBoost TargetOverweight$57.00 ➝ $65.00Low
7/12/2020Wells Fargo & CompanyReiterated RatingBuyHigh
7/2/2020Morgan StanleyLower TargetOverweight$69.00 ➝ $64.00Low
6/22/2020UBS GroupLower TargetBuy$65.00 ➝ $64.00Low
6/17/2020Morgan StanleyBoost TargetOverweight$67.00 ➝ $69.00Low
6/5/2020UBS GroupBoost TargetBuy$61.00 ➝ $65.00Medium
5/15/2020Morgan StanleyLower TargetOverweight$71.00 ➝ $67.00High
5/5/2020Wells Fargo & CompanyLower TargetPositive ➝ Overweight$67.00 ➝ $57.00Medium
5/5/2020Bank of AmericaLower TargetBuy$56.50 ➝ $53.00Medium
4/30/2020Royal Bank of CanadaReiterated RatingBuy$54.00Low
4/30/2020Morgan StanleyBoost TargetOverweight$70.00 ➝ $71.00Medium
4/21/2020BarclaysDowngradeOverweight ➝ Equal Weight$57.00Medium
4/20/2020MizuhoDowngradeBuy ➝ Neutral$54.00 ➝ $53.00High
4/16/2020ArgusReiterated RatingBuy$75.00High
4/15/2020Morgan StanleyBoost TargetOverweight$69.00 ➝ $70.00Medium
4/13/2020MizuhoBoost TargetBuy$47.00 ➝ $54.00Low
4/7/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$66.00 ➝ $54.00High
4/2/2020Bank of AmericaUpgradeNeutral ➝ BuyHigh
3/31/2020Wolfe ResearchUpgradeMarket Perform ➝ Outperform$58.00High
3/26/2020BarclaysLower TargetOverweight$60.00 ➝ $47.00Medium
3/12/2020Morgan StanleyLower TargetOverweight$73.00 ➝ $69.00High
3/12/2020BarclaysUpgradeEqual Weight ➝ Overweight$60.00High
2/24/2020Vertical ResearchInitiated CoverageHold$65.00High
2/21/2020UBS GroupLower TargetBuy$71.00 ➝ $67.00Medium
2/19/2020BMO Capital MarketsInitiated CoverageMarket Perform$63.00Low
1/28/2020CitigroupBoost TargetNeutral$61.00 ➝ $63.00Medium
1/19/2020Royal Bank of CanadaReiterated RatingHold$65.00Low
11/27/2019BarclaysDowngradeOverweight ➝ Equal WeightN/A
11/21/2019BarclaysDowngradeOverweight ➝ Equal Weight$66.00 ➝ $65.00Low
11/14/2019Wolfe ResearchDowngradeOutperform ➝ Peer Perform$64.00Low
10/23/2019MizuhoBoost TargetBuy$62.00 ➝ $64.00Low
10/3/2019Royal Bank of CanadaBoost TargetSector Perform$60.00 ➝ $62.00Low
9/6/2019UBS GroupBoost TargetBuy$67.00 ➝ $71.00Low
9/3/2019MizuhoBoost TargetBuy$60.00 ➝ $62.00Medium
8/13/2019BarclaysInitiated CoverageOverweight ➝ Overweight$63.00Low
7/31/2019UBS GroupSet TargetBuy$67.00Low
7/29/2019CitigroupDowngradeBuy ➝ Neutral$61.00Low
7/19/2019Bank of AmericaDowngradeBuy ➝ Neutral$65.00Medium
6/14/2019Morgan StanleyBoost TargetOverweight$67.00 ➝ $69.00Medium
6/4/2019KeyCorpInitiated CoverageSector Weight ➝ Sector Weight$59.40Medium
5/29/2019MizuhoBoost TargetBuy$61.50 ➝ $64.00Low
4/23/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$64.00 ➝ $62.00Low
3/13/2019MizuhoBoost TargetBuy$54.00 ➝ $61.50Low
2/28/2019Wells Fargo & CompanyBoost TargetOutperform$60.00 ➝ $66.00Low
2/28/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$58.56Low
1/22/2019Wolfe ResearchUpgradeMarket Perform ➝ OutperformMedium
1/17/2019MizuhoUpgradeNeutral ➝ Buy$52.50Medium
10/31/2018Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$58.00 ➝ $57.00Low
10/17/2018ArgusBoost TargetBuy ➝ Buy$60.00 ➝ $63.00Low
10/11/2018Morgan StanleySet TargetBuy$59.00Low
10/10/2018UBS GroupUpgradeNeutral ➝ Buy$56.00 ➝ $60.00Low
10/9/2018CitigroupUpgradeNeutral ➝ Buy$60.00Low
9/27/2018Morgan StanleySet TargetBuy$58.00Low
9/24/2018MacquarieBoost TargetOutperform ➝ Outperform$55.50 ➝ $57.00Low
9/21/2018Morgan StanleyLower TargetOverweight ➝ Buy$60.00 ➝ $59.00Low
9/17/2018Wells Fargo & CompanyLower TargetOutperform$63.00 ➝ $60.00Low
8/6/2018MizuhoReiterated RatingHold$50.00Low
7/19/2018The Goldman Sachs GroupDowngradeBuy ➝ Neutral$55.00 ➝ $53.00Low
7/16/2018Morgan StanleyBoost TargetOverweight ➝ Overweight$57.00 ➝ $60.00Low
7/9/2018CitigroupBoost TargetNeutral ➝ Neutral$53.00 ➝ $54.00High
7/3/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ HoldMedium
6/13/2018Morgan StanleyLower TargetOverweight ➝ Overweight$59.00 ➝ $57.00Low
5/29/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$54.00 ➝ $55.00Low
5/25/2018Morgan StanleyBoost TargetOverweight ➝ Overweight$57.00 ➝ $59.00Low
5/4/2018CitigroupBoost TargetNeutral ➝ Neutral$52.00 ➝ $53.00Low
4/16/2018Bank of AmericaUpgradeNeutral ➝ BuyMedium
4/10/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$50.00 ➝ $52.00Medium
3/14/2018Royal Bank of CanadaReiterated RatingHold$52.00Low
3/8/2018Morgan StanleyBoost TargetOverweight ➝ Overweight$53.00 ➝ $54.00Low
3/5/2018JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$53.00 ➝ $50.00Low
3/2/2018MizuhoReiterated RatingHold$47.00Low
2/26/2018Wells Fargo & CompanyReiterated RatingOutperform ➝ Outperform$59.00 ➝ $56.00Low
2/23/2018GuggenheimReiterated RatingBuy$56.00Low
2/13/2018Morgan StanleyLower TargetOverweight ➝ Overweight$54.00 ➝ $52.00Low
(Data available from 2/6/2018 forward)

News Sentiment Rating

0.97 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/11/2022
  • 11 very positive mentions
  • 17 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
8/10/2022
  • 2 very positive mentions
  • 24 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/9/2022
  • 6 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/9/2022
  • 4 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
11/8/2022
  • 7 very positive mentions
  • 26 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/8/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
1/7/2023
  • 11 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/6/2023

Current Sentiment

  • 11 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Public Service Enterprise Group logo
Public Service Enterprise Group, Inc. is a holding company, which engages in the provision of electric and gas services. The firm operates through the following two segments: Public Service Electric & Gas Co. (PSE&G) and PSEG Power. The PSE&G segment engages in the transmission of electricity and distribution of electricity and natural gas. The PSEG Power segment wholesales energy, fuel supply, and energy transacting functions. Its products and services include energy, capacity, ancillary services, and emissions allowances and congestion credits. The company was founded in 1903 and is headquartered in Newark, NJ.
Read More

Today's Range

Now: $60.85
Low: $59.65
High: $61.77

50 Day Range

MA: $61.09
Low: $58.29
High: $63.97

52 Week Range

Now: $60.85
Low: $52.51
High: $75.61

Volume

2,121,600 shs

Average Volume

2,157,326 shs

Market Capitalization

$30.36 billion

P/E Ratio

44.74

Dividend Yield

3.55%

Beta

0.56

Frequently Asked Questions

What sell-side analysts currently cover shares of Public Service Enterprise Group?

The following Wall Street analysts have issued research reports on Public Service Enterprise Group in the last year: Barclays PLC, BMO Capital Markets, Citigroup Inc., Credit Suisse Group AG, Guggenheim, Mizuho, Morgan Stanley, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for PEG.

What is the current price target for Public Service Enterprise Group?

10 Wall Street analysts have set twelve-month price targets for Public Service Enterprise Group in the last year. Their average twelve-month price target is $67.20, suggesting a possible upside of 10.4%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PEG will reach $76.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $59.00 for Public Service Enterprise Group in the next year.
View the latest price targets for PEG.

What is the current consensus analyst rating for Public Service Enterprise Group?

Public Service Enterprise Group currently has 5 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PEG, but not buy more shares or sell existing shares.
View the latest ratings for PEG.

What other companies compete with Public Service Enterprise Group?

Other companies that are similar to Public Service Enterprise Group include WEC Energy Group, Consolidated Edison, PG&E, Ameren and CMS Energy. Learn More about companies similar to Public Service Enterprise Group.

How do I contact Public Service Enterprise Group's investor relations team?

Public Service Enterprise Group's physical mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The utilities provider's listed phone number is (973) 430-7000 and its investor relations email address is [email protected] The official website for Public Service Enterprise Group is www.pseg.com. Learn More about contacing Public Service Enterprise Group investor relations.