Public Service Enterprise Group

Goldman Sachs has changed the ratings on the following companies: Public Service Enterprise Group (NYSE: PEG) from Neutral to Buy Great Plains Energy (NYSE: GXP) from Neutral to Buy Pinnacle West Capital Corporation (NYSE: PNW) from Buy to Neutral

In a report released yesterday, Goldman Sachs commented on various utilities. In the report, Goldman was mixed in its assessment. Goldman Sachs writes, “PJM, the grid operator for key MidAtlantic & Midwest power markets, released capacity auction results for the 2014-2015 delivery year—with...

According to Jefferies, Public Service Ent. (NYSE: PEG) posted 2011 quarters. Jefferies reported that it is maintaining its 2011 EPS estimate of $2.60 which is at the midpoint of the company's guidance range of $2.50-2.75. “We are maintaining our 2012 EPS estimate of $2.60. We are maintaining our...

In a report regarding Public Service Enterprise Group (NYSE: PEG), Jefferies reports that on April 12, “FERC issued an order effectively determining that recent initiatives in New Jersey and Maryland that would allow certain generators to submit zero bids would violate PJM's minimum offer price...

Morgan Stanley has discontinued coverage of the following companies: The Southern Company (NYSE: SO)Public Service Enterprise Group, Inc. (NYSE: PEG)Progress Energy Inc. (NYSE: PGN)PPL Corporation (NYSE: PPL)Pinnacle West Capital Corporation (NYSE: PNW)Sempra Energy (NYSE: SRE)UIL Holdings Corp. (...

In a report released this morning, Citi announced that it is keeping its $31 PT on shares of Public Service Enterprise Group (NYSE: PEG). “With shares trading at $31.60/share, we see little positive expected total return to our $31/share target price,” Citi writes. “Lower coal costs coupled with...

Deutsche Bank has raised the price target on Public Service Enterprise Group (NYSE: PEG) from $37 to $38 and maintains its Buy rating.

Public Service Enterprise Group (NYSE: PEG) 4Q10 operating EPS was $0.60, “below our estimate of $0.65 and in line with consensus of $0.62 and versus the year-ago's result of $0.66,” Jefferies reports. “We are reducing our 2011 EPS estimate by $0.10 to $2.60 to reflect increased customer shopping...

In a report released this morning, Jefferies said that it believes that Public Service Enterprise Group's (NYSE: PEG) shares are attractive “based on our sum of the parts valuation including P/E for PSE&G and open EV/EBITDA for the company's merchant operations.” “Governor Christie will likely...

Dahlman Rose has initiated coverage on the domestic hybrid electric utility sector and remains cautious. In the report, Dahlman Rose writes "We are initiating coverage of domestic hybrid electric utilities – companies with both regulated service territories and merchant generating fleets. We form...