Added to YB: 2025-01-17
Pitch date: 2025-01-15
PCG [bullish]
PG&E Corporation
-0.41%
current return
Author Info
Company Info
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.
Market Cap
$36.9B
Pitch Price
$17.02
Price Target
20.00 (+18%)
Dividend
0.24%
Sector
Electric Utilities
Category
turnaround
Another few quick attractive ideas - PG&E Corporation
PCG: Unfairly punished for LA fires outside coverage area. $8B equity value erased vs $7.4B for EIX. 10% EPS growth vs 5-8% peers. $1.50 2025 EPS guide. 13-15x P/E potential vs 17.5x utility median. $20+ price target. Risks: erratic weather, drawn-out investigations. BB+ credit rating, better than EIX's BBB.
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