utility stock faces mixed outlook By Investing.com
Public Service Enterprise Group (NYSE:), a diversified energy company providing electricity and gas services primarily in the Northeastern and Mid-Atlantic United States, faces a complex landscape of opportunities and challenges as it navigates the evolving energy sector. With a market capitalization of $44.92 billion and an impressive 55.4% return over the past year, the company has demonstrated strong market performance. Recent analyst assessments reflect a nuanced view of the company’s prospects, with ratings ranging from Hold to Outperform. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value.
Company Overview and Recent Performance
Public Service Enterprise Group (PSEG) has…
