Morgan Stanley Keeps Their Sell Rating on PG&E (PCG)

Morgan Stanley analyst David Arcaro maintained a Sell rating on PG&E (PCG – Research Report) today and set a price target of $16.50. The company’s shares closed yesterday at $15.69.

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Arcaro covers the Utilities sector, focusing on stocks such as Ameren, American Electric Power, and Edison International. According to TipRanks, Arcaro has an average return of 14.1% and a 57.82% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PG&E with a $21.23 average price target.

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 23.76M.