Analysts Offer Insights on Utilities Companies: Public Service Enterprise (PEG) and Eversource Energy (ES)

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Public Service Enterprise (PEG) and Eversource Energy (ES).

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Public Service Enterprise (PEG)

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 14.7% and a 68.1% success rate. Arcaro covers the Utilities sector, focusing on stocks such as American Electric Power, Pinnacle West Capital, and Edison International. ;'>

Public Service Enterprise has an analyst consensus of Moderate Buy, with a price target consensus of $91.42.

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Eversource Energy (ES)

Jefferies analyst Paul Zimbardo CFA reiterated a Sell rating on Eversource Energy today and set a price target of $57.00. The company’s shares closed last Friday at $66.67, close to its 52-week high of $69.01.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.8% and a 58.2% success rate. CFA covers the Utilities sector, focusing on stocks such as Edison International, Entergy, and Evergy. ;'>

Currently, the analyst consensus on Eversource Energy is a Hold with an average price target of $73.67, implying a 6.9% upside from current levels. In a report issued on March 12, J.P. Morgan also assigned a Sell rating to the stock with a $75.00 price target.

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• PSEG downgraded to Neutral from Buy at Ladenburg
• PSEG price target raised to $90 from $85 at JPMorgan
• PSEG upgraded to Outperform from In Line at Evercore ISI
• PSEG upgraded to Outperform at Evercore ISI on ‘constructive’ NJ frameworks
• PSEG price target raised to $89 from $81 at Barclays