Portland General Electric Company (NYSE:POR) has an average broker rating of 2.8, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Portland General Electric Company (NYSE:POR) : The highest short term price target forecast on Portland General Electric Company (NYSE:POR) is $44 and the lowest target price is $36. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $40.43 with a standard deviation of $2.99.
Company shares have received an average consensus rating of Hold for the current week
Portland General Electric Company (NYSE:POR): stock turned positive on Tuesday. Though the stock opened at $43, the bulls momentum made the stock top out at $43.21 level for the day. The stock recorded a low of $42.52 and closed the trading day at $42.99, in the green by 0.09%. The total traded volume for the day was 740,428. The stock had closed at $42.95 in the previous days trading.
In an insider trading activity, Pope Maria M, (Sr. Vice President) of Portland General Electric Co /Or/, unloaded 13,500 shares at an average price of $41.6 on May 9, 2016. The total amount of the transaction was worth $561,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Portland General Electric Company (PGE) is a vertically integrated electric utility company engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities, brokers and power marketers. The Companys resources consist of six thermal plants, which include natural gas- and coal-fired turbines, two wind farms and seven hydroelectric plants. The Company has a resource capacity of approximately 1,389 megawatts (MW) of natural gas, 814 MW of coal, 717 MW of wind and 494 MW of hydro. The Company has contractual rights for transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and to the Western Interconnection. The Company has four natural gas-fired generating facilities: Port Westward Unit 1, Port Westward Unit 2, Beaver and Coyote Springs Unit 1 (Coyote Springs).