PG&E (NYSE:PCG) Getting Negative Media Coverage, Analysis Shows

News stories about PG&E (NYSE:PCG) have been trending negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PG&E earned a news impact score of -2.14 on their scale. InfoTrie also gave media coverage about the utilities provider an news buzz score of 6 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have effected PG&E’s ranking:

PCG has been the subject of several recent research reports. Zacks Investment Research lowered shares of PG&E from a “buy” rating to a “hold” rating in a research note on Thursday, December 20th. Wells Fargo & Co restated a “hold” rating on shares of PG&E in a research report on Monday. Barclays set a $30.00 price objective on PG&E and gave the company a “hold” rating in a report on Monday, November 19th. JPMorgan Chase & Co. upped their price target on shares of PG&E from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, January 25th. Finally, Wolfe Research lowered their price objective on PG&E from $50.00 to $40.00 in a research report on Wednesday, November 14th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. PG&E has an average rating of “Hold” and a consensus target price of $23.85.

Shares of NYSE:PCG opened at $15.21 on Thursday. The stock has a market cap of $7.43 billion, a P/E ratio of 4.13, a price-to-earnings-growth ratio of 1.26 and a beta of -0.46. PG&E has a fifty-two week low of $5.07 and a fifty-two week high of $49.42. The company has a quick ratio of 0.62, a current ratio of 0.67 and a debt-to-equity ratio of 0.93.

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PG&E Company Profile

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to residential, commercial, industrial, and agricultural customers in northern and central California, the United States. The company's electricity distribution network consists of approximately 107,200 circuit miles of distribution lines, 59 transmission switching substations, and 605 distribution substations; and electricity transmission network comprises approximately 19,200 circuit miles of interconnected transmission lines and 92 electric transmission substations.

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