RBC Capital Maintains Public Service Enterprise Group (PEG) Outperform Recommendation
Nasdaq Fintel reports that on September 6, 2023, RBC Capital maintained coverage of Public Service Enterprise Group (NYSE:PEG) with a Outperform recommendation.
Analyst Price Forecast Suggests 14.77% Upside
As of August 31, 2023, the average one-year price target for Public Service Enterprise Group is 67.99. The forecasts range from a low of 61.10 to a high of $75.60. The average price target represents an increase of 14.77% from its latest reported closing price of 59.24.
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The projected annual revenue for Public Service Enterprise Group is 9,290MM, a decrease of 19.82%. The projected annual non-GAAP EPS is 3.53.
Public Service Enterprise Group Declares $0.57 Dividend
On July 17, 2023 the company declared a regular quarterly dividend of $0.57 per share ($2.28 annualized). Shareholders of record as of September 8, 2023 will receive the payment on September 29, 2023. Previously, the company paid $0.57 per share.
