Market Overview

Stock Review for Utilities Investors -- Public Service Enterprise, Avista, Cosan, and Eversource Energy


NEW YORK, March 20, 2018 /PRNewswire/ -- strives to bring the best free research to the investment community.  Today we are offering reports on PEG, AVA, CZZ, and ES which can be accessed for free by signing up to This morning, has initiated researchcoverage on Public Service Enterprise Group Inc. (NYSE: PEG), Avista Corp. (NYSE: AVA), Cosan Ltd (NYSE: CZZ), and Eversource Energy (NYSE: ES). These stocks operate in the Utilities sector, which includes companies such as electric, gas, and water firms, and the Diversified Utilities sector includes companies that distribute multiple resources. All you have to do is sign up today for this free limited time offer by clicking the link below.

Public Service Enterprise Group

On Monday, shares in Newark, New Jersey headquartered Public Service Enterprise Group Inc. recorded a trading volume of 2.75 million shares. The stock ended the day at $49.30, rising slightly by 0.02% from the last trading session. The Company's shares have advanced 1.42% in the past month and 10.22% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.52% and 3.21%, respectively. Furthermore, shares of the Company, which through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic US, have a Relative Strength Index (RSI) of 56.37.

On February 28th, 2018, Public Service Enterprise Group (PEG) announced the Company's new climate goal, which is to eliminate 13 million tons of CO2-equivalent emissions by 2030, in conjunction with the release of its 2017 Sustainability Report. The report provides an in-depth look at how PEG's investments in solar energy, energy efficiency, and infrastructure projects are improving the reliability and resiliency of its electric and gas systems. Get the full research report on PEG for free by clicking below at:


Spokane, Washington headquartered Avista Corp.'s stock climbed slightly by 0.63%, finishing yesterday's session at $51.49 with a total trading volume of 340,756 shares. The Company's shares have gained 2.39% in the last month, 0.14% over the previous three months, and 30.39% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.48% and 3.10%, respectively. Additionally, shares of Avista, which operates as an electric and natural gas utility company, have an RSI of 63.46.

On February 22nd, 2018, research firm Williams Capital Group reiterated its 'Sell' rating on the Company's stock with a decrease of the target price from $42 a share to $40 a share.

On March 16th, 2018, Avista and Hydro One Limited have reached a significant milestone in the regulatory approval process of the proposed merger. Notification of a settlement in principle with various parties has been filed with the Washington Utilities and Transportation Commission ("WUTC"). The parties intend to file a settlement agreement with the WUTC on or before March 27th, 2018. Get access to our top-rated research, including the free report on AVA at:


Shares in Sao Paulo, Brazil-based Cosan Ltd ended the session 0.09% lower at $10.89. The stock recorded a trading volume of 857,480 shares. The Company's shares have gained 15.12% over the previous three months and 29.33% over the past year. The stock is trading 24.27% above its 200-day moving average. Moreover, shares of Cosan, which together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally, have an RSI of 44.18.

On February 20th, 2018, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Click here to subscribe for a free membership which welcomes you with our report on CZZ at:

Eversource Energy

At the closing bell on Monday, Springfield, Massachusetts-based Eversource Energy's stock declined slightly by 0.38%, finishing at $58.04. A total volume of 2.16 million shares was traded. The Company's shares are trading 2.04% below their 50-day moving average. Additionally, shares of Eversource Energy, which engages in the energy delivery business, have an RSI of 51.13. 

On February 22nd, 2018, Eversource Energy reported its fourth-quarter and full-year 2017 results. For Q4 2017, net income attributable to common shareholders was $237.4 million, operating revenues were $1.9 billion, and total operating expenses were $1.4 billion. For the full year, net income attributable to common shareholders was $988.0 million, operating revenues were $7.8 billion, and total operating expenses were $5.8 billion.

On March 08th, 2018, research firm Evercore ISI initiated an 'Outperform' rating on the Company's stock, with a target price of $62 per share. To get free access to your research report on ES, sign up at:

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