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Public Service Enterprise Group - PEG Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $86.69
  • Forecasted Upside: -4.20%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 9 Buy Ratings
  • 1 Strong Buy Ratings
$90.49 As of 11/20/2024 01:00 AM ET
▲ +0.4 (0.44%)

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

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Analyst Price Target for PEG

Analyst Price Target is $86.69
▼ -4.20% Downside Potential
This price target is based on 14 analysts offering 12 month price targets for Public Service Enterprise Group in the last 3 months. The average price target is $86.69, with a high forecast of $100.00 and a low forecast of $70.00. The average price target represents a -4.20% upside from the last price of $90.49.

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

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Current Consensus is Moderate Buy

The current consensus among 14 contributing investment analysts is to moderate buy stock in Public Service Enterprise Group. This rating has held steady since June 2023, when it changed from a Hold 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
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 1 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 1 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 1 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/5/2024BarclaysLower TargetOverweight ➝ Overweight$98.00 ➝ $88.00
10/30/2024UBS GroupBoost TargetNeutral ➝ Neutral$94.00 ➝ $98.00
10/21/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$86.00 ➝ $89.00
10/16/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$85.00 ➝ $100.00
10/8/2024Evercore ISIBoost TargetOutperform ➝ Outperform$92.00 ➝ $95.00
10/7/2024BarclaysBoost TargetOverweight ➝ Overweight$80.00 ➝ $98.00
9/24/2024UBS GroupBoost TargetNeutral ➝ Neutral$87.00 ➝ $94.00
9/23/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$83.00 ➝ $95.00
9/13/2024Jefferies Financial GroupInitiated CoverageHold$85.00
8/29/2024Bank of AmericaBoost TargetBuy ➝ Buy$84.00 ➝ $88.00
8/23/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$78.00 ➝ $83.00
8/20/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$62.00 ➝ $73.00
8/5/2024LADENBURG THALM/SH SHUpgradeHold ➝ Strong-Buy
8/2/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$78.00 ➝ $86.00
7/15/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$80.00 ➝ $84.00
7/10/2024BarclaysBoost TargetOverweight ➝ Overweight$71.00 ➝ $80.00
7/3/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$69.00 ➝ $74.00
6/24/2024Morgan StanleyLower TargetOverweight ➝ Overweight$78.00 ➝ $76.00
6/17/2024GuggenheimUpgradeNeutral ➝ Buy$82.00
6/6/2024Bank of AmericaBoost TargetBuy ➝ Buy$73.00 ➝ $80.00
5/28/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$72.00 ➝ $78.00
5/23/2024MizuhoBoost TargetBuy ➝ Buy$65.00 ➝ $80.00
4/22/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$64.00 ➝ $62.00
4/15/2024BarclaysBoost TargetOverweight ➝ Overweight$68.00 ➝ $71.00
4/4/2024Evercore ISIBoost TargetOutperform ➝ Outperform$67.00 ➝ $72.00
3/25/2024Morgan StanleyReiterated RatingOverweight ➝ Overweight$61.00 ➝ $70.00
3/22/2024Bank of AmericaBoost TargetBuy ➝ Buy$66.00 ➝ $73.00
3/19/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$68.00 ➝ $70.00
3/14/2024BarclaysBoost TargetOverweight ➝ Overweight$65.00 ➝ $68.00
3/7/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$70.00 ➝ $72.00
2/27/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$64.00 ➝ $63.00
1/22/2024BarclaysBoost TargetOverweight ➝ Overweight$64.00 ➝ $65.00
1/22/2024GuggenheimDowngradeBuy ➝ Neutral$61.00
12/1/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$68.00 ➝ $70.00
11/21/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$61.00 ➝ $62.00
11/2/2023BarclaysBoost TargetOverweight ➝ Overweight$62.00 ➝ $64.00
11/1/2023BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$59.00 ➝ $63.00
10/25/2023Morgan StanleyLower TargetOverweight ➝ Overweight$63.00 ➝ $61.00
10/24/2023BarclaysLower TargetOverweight ➝ Overweight$64.00 ➝ $62.00
10/9/2023GuggenheimLower Target$70.00 ➝ $64.00
10/4/2023UBS GroupLower TargetNeutral ➝ Neutral$65.00 ➝ $60.00
9/21/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$62.00 ➝ $63.00
9/6/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$70.00 ➝ $69.00
8/29/2023MizuhoBoost TargetBuy ➝ Buy$60.00 ➝ $65.00
8/23/2023Morgan StanleyLower TargetOverweight ➝ Overweight$66.00 ➝ $62.00
8/23/2023BarclaysInitiated CoverageOverweight$64.00
8/17/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$68.00 ➝ $70.00
8/14/2023UBS GroupDowngradeBuy ➝ Neutral$70.00 ➝ $66.00
8/2/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$66.00 ➝ $64.00
7/21/2023Morgan StanleyLower TargetOverweight$67.00 ➝ $66.00
6/7/2023The Goldman Sachs GroupInitiated CoverageNeutral$64.00
6/7/2023JPMorgan Chase & Co.Lower Target$70.00 ➝ $67.00
4/24/2023GuggenheimBoost Target$68.00 ➝ $69.00
4/20/2023Morgan StanleyBoost TargetOverweight$64.00 ➝ $70.00
4/14/2023BMO Capital MarketsBoost TargetMarket Perform$60.00 ➝ $66.00
4/3/2023LADENBURG THALM/SH SHInitiated CoverageNeutral$60.50
3/21/2023Morgan StanleyLower TargetOverweight$68.00 ➝ $64.00
3/13/2023BMO Capital MarketsLower TargetMarket Perform$64.00 ➝ $60.00
3/13/2023MizuhoLower TargetBuy$66.00 ➝ $60.00
2/22/2023Morgan StanleyLower TargetOverweight$70.00 ➝ $68.00
2/22/2023GuggenheimLower TargetBuy$71.00 ➝ $68.00
2/22/2023BMO Capital MarketsLower TargetMarket Perform$65.00 ➝ $64.00
1/23/2023Morgan StanleyBoost TargetOverweight$69.00 ➝ $70.00
12/15/2022Morgan StanleyLower TargetOverweight$71.00 ➝ $69.00
11/22/2022MizuhoLower TargetBuy$68.00 ➝ $60.00
11/17/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform
11/14/2022BMO Capital MarketsLower TargetMarket Perform$64.00 ➝ $59.00
11/11/2022Morgan StanleyBoost TargetOverweight$68.00 ➝ $71.00
11/4/2022UBS GroupLower Target$74.00
11/4/2022GuggenheimLower Target$67.00
11/4/2022Credit Suisse GroupBoost Target$63.00
11/1/2022BMO Capital MarketsBoost TargetMarket Perform$61.00 ➝ $64.00
11/1/2022Wells Fargo & CompanyLower TargetOverweight$69.00 ➝ $68.00
10/24/2022GuggenheimLower Target$76.00 ➝ $71.00
10/21/2022Morgan StanleyLower TargetOverweight$81.00 ➝ $68.00
10/19/2022Wells Fargo & CompanyLower TargetOverweight$81.00 ➝ $69.00
10/4/2022The Goldman Sachs GroupBoost TargetBuy$75.00 ➝ $76.00
8/18/2022Morgan StanleyBoost TargetOverweight$75.00 ➝ $81.00
8/9/2022Credit Suisse GroupBoost Target$69.00
8/3/2022Wells Fargo & CompanyLower TargetOverweight$65.00 ➝ $64.00
7/18/2022BarclaysLower TargetEqual Weight$75.00 ➝ $66.00
7/12/2022MizuhoLower TargetBuy$73.00 ➝ $68.00
5/23/2022Morgan StanleyLower TargetOverweight$83.00 ➝ $82.00
4/25/2022Credit Suisse GroupInitiated CoverageNeutral$76.00
4/20/2022Morgan StanleyBoost TargetOverweight$80.00 ➝ $86.00
4/12/2022Wells Fargo & CompanyBoost TargetOverweight$82.00 ➝ $87.00
3/31/2022Wells Fargo & CompanyBoost TargetOverweight$72.00 ➝ $82.00
3/22/2022Morgan StanleyBoost TargetOverweight$75.00 ➝ $80.00
3/22/2022CitigroupInitiated CoverageNeutral$69.00
1/25/2022Evercore ISIUpgradeIn-Line ➝ Outperform$71.00
1/7/2022MizuhoBoost Target$67.00 ➝ $73.00
1/7/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$71.00 ➝ $73.00
12/21/2021Morgan StanleyBoost TargetOverweight$75.00 ➝ $79.00
10/19/2021KeyCorpBoost TargetOverweight$68.00 ➝ $69.00
10/11/2021MizuhoBoost TargetBuy$66.00 ➝ $67.00
10/6/2021BarclaysBoost TargetEqual Weight$67.00 ➝ $68.00
9/29/2021Vertical ResearchUpgradeHold ➝ Buy$67.00 ➝ $69.00
9/28/2021Wells Fargo & CompanyLower TargetOverweight$75.00 ➝ $73.00
9/28/2021BMO Capital MarketsBoost TargetMarket Perform$65.00 ➝ $67.00
9/28/2021MizuhoLower TargetBuy$67.00 ➝ $66.00
9/17/2021Morgan StanleyLower TargetOverweight$74.00 ➝ $73.00
8/26/2021Wells Fargo & CompanyBoost TargetOverweight$74.00 ➝ $75.00
8/19/2021Morgan StanleyBoost TargetOverweight$71.00 ➝ $74.00
8/13/2021KeyCorpBoost TargetOverweight$65.00 ➝ $68.00
7/20/2021Morgan StanleyLower TargetOverweight$72.00 ➝ $71.00
6/21/2021Morgan StanleyLower TargetOverweight$75.00 ➝ $72.00
5/25/2021BarclaysBoost TargetAverage ➝ Equal Weight$62.00 ➝ $67.00
5/24/2021Seaport Res PtnUpgradeNeutral ➝ Buy
4/29/2021MizuhoUpgradeNeutral ➝ Buy$56.00 ➝ $67.50
4/20/2021Morgan StanleyBoost TargetOverweight$70.00 ➝ $75.00
4/14/2021Wells Fargo & CompanyBoost TargetOverweight$64.00 ➝ $71.00
4/14/2021KeyCorpBoost TargetOverweight$60.00 ➝ $65.00
3/19/2021Morgan StanleyLower TargetOverweight$72.00 ➝ $70.00
2/25/2021Morgan StanleyLower TargetOverweight$73.00 ➝ $72.00
1/20/2021Morgan StanleyBoost TargetOverweight$71.00 ➝ $73.00
1/14/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$66.00
1/12/2021KeyCorpLower TargetOverweight$66.00 ➝ $60.00
1/8/2021MizuhoLower TargetNeutral$57.00 ➝ $56.00
12/15/2020Morgan StanleyLower TargetOverweight$76.00 ➝ $71.00
11/18/2020BarclaysBoost TargetPositive ➝ Equal Weight$59.00 ➝ $65.00
11/17/2020Morgan StanleyBoost TargetOverweight$74.00 ➝ $76.00
10/20/2020Morgan StanleyBoost TargetOverweight$68.00 ➝ $74.00
10/19/2020KeyCorpBoost TargetOverweight$64.00 ➝ $66.00
10/9/2020MizuhoBoost TargetNeutral$56.00 ➝ $57.00
9/28/2020Royal Bank of CanadaBoost TargetOutperform$60.00 ➝ $63.00
9/22/2020Bank of AmericaUpgradeNeutral ➝ Buy$58.00 ➝ $57.00
9/18/2020Morgan StanleyBoost TargetOverweight$67.00 ➝ $68.00
8/17/2020BarclaysBoost TargetAverage ➝ Equal Weight$53.00 ➝ $59.00
8/14/2020Morgan StanleyBoost TargetOverweight$66.00 ➝ $67.00
8/3/2020Bank of AmericaBoost TargetNeutral$57.00 ➝ $60.00
7/21/2020Bank of AmericaDowngradeBuy ➝ Neutral$55.00 ➝ $57.00
7/17/2020Morgan StanleyBoost TargetOverweight$64.00 ➝ $66.00
7/13/2020Wells Fargo & CompanyBoost TargetOverweight$57.00 ➝ $65.00
7/12/2020Wells Fargo & CompanyReiterated RatingBuy
7/2/2020Morgan StanleyLower TargetOverweight$69.00 ➝ $64.00
6/22/2020UBS GroupLower TargetBuy$65.00 ➝ $64.00
6/17/2020Morgan StanleyBoost TargetOverweight$67.00 ➝ $69.00
6/5/2020UBS GroupBoost TargetBuy$61.00 ➝ $65.00
5/15/2020Morgan StanleyLower TargetOverweight$71.00 ➝ $67.00
5/5/2020Wells Fargo & CompanyLower TargetPositive ➝ Overweight$67.00 ➝ $57.00
5/5/2020Bank of AmericaLower TargetBuy$56.50 ➝ $53.00
4/30/2020Royal Bank of CanadaReiterated RatingBuy$54.00
4/30/2020Morgan StanleyBoost TargetOverweight$70.00 ➝ $71.00
4/21/2020BarclaysDowngradeOverweight ➝ Equal Weight$57.00
4/20/2020MizuhoDowngradeBuy ➝ Neutral$54.00 ➝ $53.00
4/16/2020ArgusReiterated RatingBuy$75.00
4/15/2020Morgan StanleyBoost TargetOverweight$69.00 ➝ $70.00
4/13/2020MizuhoBoost TargetBuy$47.00 ➝ $54.00
4/7/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$66.00 ➝ $54.00
4/2/2020Bank of AmericaUpgradeNeutral ➝ Buy
3/31/2020Wolfe ResearchUpgradeMarket Perform ➝ Outperform$58.00
3/26/2020BarclaysLower TargetOverweight$60.00 ➝ $47.00
3/12/2020Morgan StanleyLower TargetOverweight$73.00 ➝ $69.00
3/12/2020BarclaysUpgradeEqual Weight ➝ Overweight$60.00
2/24/2020Vertical ResearchInitiated CoverageHold$65.00
2/21/2020UBS GroupLower TargetBuy$71.00 ➝ $67.00
2/19/2020BMO Capital MarketsInitiated CoverageMarket Perform$63.00
1/28/2020CitigroupBoost TargetNeutral$61.00 ➝ $63.00
1/19/2020Royal Bank of CanadaReiterated RatingHold$65.00
11/27/2019BarclaysDowngradeOverweight ➝ Equal Weight
11/21/2019BarclaysDowngradeOverweight ➝ Equal Weight$66.00 ➝ $65.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

1.11 (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
  • 23 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 25 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 20 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 14 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 28 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 32 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 31 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 40 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 40 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Public Service Enterprise Group logo
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.
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Today's Range

Now: $90.49
Low: $89.43
High: $90.83

50 Day Range

MA: $88.03
Low: $81.87
High: $92.02

52 Week Range

Now: $90.49
Low: $56.85
High: $92.20

Volume

1,640,357 shs

Average Volume

2,503,878 shs

Market Capitalization

$45.08 billion

P/E Ratio

22.23

Dividend Yield

2.66%

Beta

0.61

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: Bank of America Co., Barclays PLC, BMO Capital Markets, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., LADENBURG THALM/SH SH, Mizuho, Morgan Stanley, Royal Bank of Canada, Scotiabank, TheStreet, UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for PEG.

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

0 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 $86.69, suggesting a possible downside of 4.2%. Wells Fargo & Company has the highest price target set, predicting PEG will reach $100.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $70.00 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 4 hold ratings, 9 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
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 Sempra, PG&E, Dominion Energy, Consolidated Edison and WEC Energy Group. 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.