Risk factor
Critical default risk
Profitability factor
Excellent dividends
About
Operating across northern and central California, USA, Pacific Gas and Electric Company is a utility provider involved in the production, transmission, distribution, and retail of both electricity and natural gas. Its power generation portfolio encompasses nuclear, hydroelectric, fossil fuel, and solar (photovoltaic) technologies. Beyond its core services, the company is also developing a personal microgrid backup power transfer meter for its customers, designed to seamlessly integrate with its established SmartMeter electrical infrastructure. PG&E caters to a diverse clientele, including homeowners, businesses, industrial operations, agricultural enterprises, and even natural gas power plants. Established in 1905 and based in San Francisco, California, the company functions as a subsidiary of PG&E Corporation.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITD.
Target Price
The average target price of PCG is 18.5 and suggests 42.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre