PG&E Trading Volume Surges to 335th Position Despite Stock Price Decline

Generated by AI AgentAinvest Volume Radar
Thursday, May 22, 2025 7:47 pm ET1min read
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On May 22, 2025, PG&EPCG-- (PCG) experienced a significant increase in trading volume, with a turnover of $279 million, marking a 39.46% rise from the previous day. This surge placed PG&E at the 335th position in terms of trading volume for the day. However, the stock price of PG&E (PCG) declined by 2.18%, marking the second consecutive day of decline, with a total decrease of 4.06% over the past two days.

Morgan Stanley recently adjusted its price target for PG&E (PCG), lowering it from $18.50 to $18.00. Despite this reduction, the firm maintained its "Underweight" rating on the stock. This adjustment comes as part of a broader reassessment of price targets for various stocks.

Analysts from multiple firms have provided their insights on PG&E. The average price target from 15 analysts stands at $20.89, with estimates ranging from $17.00 to $24.00. This average target suggests a potential upside of 20.05% from the current price. Additionally, the consensus recommendation from 19 brokerage firms indicates an "Outperform" status for PG&E, with a rating scale ranging from 1 (Strong Buy) to 5 (Sell).

GuruFocus estimates the GF Value for PG&E to be $18.43 in one year, implying a 5.92% upside from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections.

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