Fintel reports that on February 14, 2025, Morgan Stanley downgraded their outlook for PG&E (LSE:0QR3) from Equal-Weight to Underweight.
Analyst Price Forecast Suggests 52.09% Upside
As of January 29, 2025, the average one-year price target for PG&E is 23.49 GBX/share. The forecasts range from a low of 18.39 GBX to a high of 27.16 GBX. The average price target represents an increase of 52.09% from its latest reported closing price of 15.44 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for PG&E is 25,046MM, an increase of 2.57%. The projected annual non-GAAP EPS is 1.48.
What is the Fund Sentiment?
There are 1,539 funds or institutions reporting positions in PG&E. This is an increase of 86 owner(s) or 5.92% in the last quarter. Average portfolio weight of all funds dedicated to 0QR3 is 0.14%, an increase of 71.71%. Total shares owned by institutions increased in the last three months by 9.48% to 2,500,391K shares.
What are Other Shareholders Doing?
Jpmorgan Chase holds 128,830K shares representing 5.89% ownership of the company. In its prior filing, the firm reported owning 133,640K shares , representing a decrease of 3.73%. The firm decreased its portfolio allocation in 0QR3 by 82.45% over the last quarter.
Massachusetts Financial Services holds 114,041K shares representing 5.22% ownership of the company. In its prior filing, the firm reported owning 104,847K shares , representing an increase of 8.06%. The firm decreased its portfolio allocation in 0QR3 by 82.11% over the last quarter.
Capital International Investors holds 77,036K shares representing 3.52% ownership of the company. In its prior filing, the firm reported owning 112,040K shares , representing a decrease of 45.44%. The firm decreased its portfolio allocation in 0QR3 by 31.31% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 66,268K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 82,702K shares , representing a decrease of 24.80%. The firm decreased its portfolio allocation in 0QR3 by 14.78% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 55,980K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 54,849K shares , representing an increase of 2.02%. The firm increased its portfolio allocation in 0QR3 by 6.35% over the last quarter.
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