Mizuho Securities Sticks to Their Buy Rating for PG&E (PCG)
Mizuho Securities analyst maintained a Buy rating on PG&E today and set a price target of $21.00.
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PG&E has an analyst consensus of Strong Buy, with a price target consensus of $21.45.
Based on PG&E’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.25 billion and a net profit of $850 million. In comparison, last year the company earned a revenue of $5.94 billion and had a net profit of $579 million
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PCG in relation to earlier this year. Earlier this month, Jason M Glickman, an Insider at PCG sold 29,473.00 shares for a total of $470,094.35.
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