Analyst Price Target is $48.57
▼ -0.43% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Portland General Electric in the last 3 months. The average price target is $48.57, with a high forecast of $52.00 and a low forecast of $45.00. The average price target represents a -0.43% upside from the last price of $48.78.
Current Consensus is
The current consensus among 6 contributing investment analysts is to hold stock in Portland General Electric. This Hold consensus rating has held steady for over two years.
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line, 415 circuit miles of 230 kilovolt line, and 572 miles of 115 kilovolt line. It has 28,206 circuit miles of distribution lines. The company also purchases and sells wholesale natural gas in the United States and Canada. It serves approximately 917 thousand residential, commercial, and industrial customers in 51 cities. The company was founded in 1889 and is headquartered in Portland, Oregon.