11.9% Below Target

Public Service Enterprise Group Incorporated (PEG) has a consensus 12-month price target of $89.43, implying 11.9% upside from $79.89. The 33 analysts covering PEG see moderate appreciation potential.

PEG has a consensus rating of "Buy" based on 33 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $89.43 implies 11.9% upside from current levels.

With a forward P/E of 18.2447x, PEG trades at a relatively low valuation. The consensus target of $89.43 implies 11.9% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $94 for PEG, while the most conservative target is $81. The consensus of $89.43 represents the median expectation. Our quantitative valuation model projects a bull case target of $124 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PEG is heavily covered by Wall Street, with 33 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 16 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PEG stock forecast based on 33 Wall Street analysts shows a consensus price target of $89.43, with estimates ranging from $81 (bear case) to $94 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $94, with bear/bull scenarios of $60/$124.

Our quantitative valuation model calculates PEG's fair value at $94 (base case), with a bear case of $60 and bull case of $124. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.

PEG trades at a forward P/E ratio of 18.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on PEG, with a "Buy" consensus rating and $89.43 price target (11.9% upside). 16 of 33 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PEG analyst price targets range from $81 to $94, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $89.43 consensus represents the middle ground. Our model's $60-$124 range provides an independent fundamental perspective.