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Analysts Offer Insights on Utilities Companies: PG&E (PCG) and Contact Energy Limited (OtherCOENF)

Tipranks - Thu Feb 19, 2:44AM CST

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on PG&E (PCGResearch Report) and Contact Energy Limited (COENFResearch Report) with bullish sentiments.

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PG&E (PCG)

In a report released today, Nicholas Campanella from Barclays maintained a Buy rating on PG&E, with a price target of $23.00. The company’s shares closed last Tuesday at $18.02.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 11.4% and a 68.3% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

PG&E has an analyst consensus of Strong Buy, with a price target consensus of $21.50, representing a 17.5% upside. In a report issued on February 13, TipRanks – DeepSeek also upgraded the stock to Buy with a $19.50 price target.

See today’s best-performing stocks on TipRanks >>

Contact Energy Limited (COENF)

In a report issued on February 16, Grant Swanepoel from Jarden maintained a Buy rating on Contact Energy Limited. The company’s shares closed last Monday at $5.65, close to its 52-week high of $5.72.

Swanepoel has an average return of 8.2% when recommending Contact Energy Limited. ;'>

According to TipRanks.com, Swanepoel is ranked #6277 out of 12109 analysts.

The the analyst consensus on Contact Energy Limited is currently a Moderate Buy rating.

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