Barclays Reaffirms Their Buy Rating on PG&E (PCG)

Barclays analyst Nicholas Campanella maintained a Buy rating on PG&E (PCG – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $15.94.

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According to TipRanks, Campanella is a 5-star analyst with an average return of 6.9% and a 60.15% success rate. Campanella covers the Utilities sector, focusing on stocks such as Edison International, PPL, and Ameren.

Currently, the analyst consensus on PG&E is a Moderate Buy with an average price target of $21.14.

The company has a one-year high of $21.72 and a one-year low of $14.99. Currently, PG&E has an average volume of 24.06M.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is neutral on the stock. Last month, Leo Denault, a Director at PCG bought 6,300.00 shares for a total of $100,548.00.