Pacific Gas & Electric Co. (PCG) rated Outperform with price target $48 by FBR Capital
FBR Capital rated Outperform Pacific Gas & Electric Co. (NYSE: PCG) on 05/06/2011. Previously FBR Capital rated Outperform Pacific Gas & Electric Co. (NYSE:
PCG) on 03/23/2010., when the stock price was $43.14. Since then, Pacific Gas & Electric Co. has lost 6.82% as of 12/12/2013's recent price of $40.20. If you would have followed the previous FBR Capital's recommendation on PCG, you would have lost 6.81% of your investment in 1360 days.
PG&E Corporation is an energy-based holding company. Pacific Gas and Electric Company, the company's primary subsidiary, is an operating public utility engaged principally in the business of providing electricity and natural gas distribution and transmission services throughout most of Northern and Central California.
uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.