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Enter Symbol:
 
Public Service Enterprise Group Incorporated (PEG) [hlAlert]

Rating:
Buy PEG
up 8.76 %

Public Service Enterprise Group Incorporated (PEG) rated Buy with price target $45 by Argus

Posted on: Monday,  Jan 11, 2016  8:25 AM ET by Argus

Argus rated Buy Public Service Enterprise Group Incorporated (NYSE: PEG) on 01/11/2016. Previously Argus rated Buy Public Service Enterprise Group Incorporated (NYSE: PEG)
on 07/16/2014., when the stock price was $37.64. Since then, Public Service Enterprise Group Incorporated has gained 8.77% as of 01/11/2016's recent price of $40.94.
If you would have followed the previous Argus's recommendation on PEG, you would have gained 8.76% of your investment in 544 days.

Public Service Entertainment Group has been an active participant in the ongoing policy debate on how the energy industry can best contribute to achieving the nation's environmental objectives. PSEG has advocated independently, and through a coalition of companies known as the Clean Energy Group, for the industry to make further reductions in air pollutants traditionally associated with the production of electricity and to begin mandatory carbon dioxide reductions. PSEG has been actively engaged in the climate change policy debate for more than a decade.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2016 8:25 AM Buy
None
38.50 45.00
as of 8/27/2015
1 Week down  -5.23 %
1 Month up  1.91 %
3 Months down  -3.16 %
1 YTD up  8.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2014 12:00 AM Buy
None
37.64 44.00
4/8/2013 8:25 AM Hold
None
34.35

(*) Stock Price at the time of the recommendation.
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