Stock Rating Downgrade
The Value Trend Rating for PG&E Corp (NYSE: PCG) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
PG&E Corp (NYSE: PCG) stock closed at $21.04 on 11/15/24 after a slight gain of 0.2%. Moreover, unusually high trading volume at 174% of normal accompanied the advance. The stock has risen 3.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PG&E has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PG&E has a neutral Appreciation Score of 41 but a good Power Rating of 84, leading to the High Neutral Value Trend Rating.
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