MetroPCS (NYSE: PCS), Employers Holdings, Inc. (NYSE: EIG), PG&E Co. (NYSE: PCG), Echelon Co. (NASDAQ: ELON), Plains All American (NYSE: PAA) and FTI Consulting, Inc. (NYSE: FCN) upgraded by analysts.
MetroPCS (PCS) was upgraded by Standpoint Research from a “Hold” rating to a “Buy” rating. They have a price target of $12.00 on the company.
Employers Holdings, Inc. (EIG) was upgraded by BGB Securities from a “Buy” rating to a “Hold” rating. They have a price target of $16.00 on the company. They cited valuation as the catalyst behind the call.
PG&E Co. (PCG) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $44.00 on the company.
Echelon Co. (ELON) was upgraded by ThinkEquity from a “Hold” rating to a “Buy” rating.
Plains All American (PAA) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $69.00 on the company, up from $68.00.
FTI Consulting, Inc. (FCN) was upgraded by William Blair from a “Market Perform” rating to an “Outperform” rating.
Showing posts with label PG and E. Show all posts
Showing posts with label PG and E. Show all posts
Monday, August 8, 2011
Wednesday, May 18, 2011
Price Targets on (HPQ) (DELL) (HD) (PCG) (PLAB) Updated
Price Targets on Hewlett-Packard (NYSE: HPQ), Dell Inc. (NASDAQ: DELL), Home Depot (NYSE: HD), PG&E Co. (NYSE: PCG) and Photronics, Inc. (NASDAQ: PLAB) updated by analysts.
RBC Capital cut their price target on Hewlett-Packard (HPQ) from $56.00 to $46.00. They have an “outperform” rating on the company.
Bank of America (NYSE:BAC) raised their price target on Dell Inc. (DELL) to $19.50.
Piper Jaffray (NYSE:PJC) raised their price target on Home Depot (HD) to $39.00.
Jefferies (NYSE:JEF) raised their price target on PG&E Co. (PCG) to $51.00.
Needham & Company raised their price target on Photronics, Inc. (PLAB) from $11.00 to $13.00. They have a “buy” rating on the company.
RBC Capital cut their price target on Hewlett-Packard (HPQ) from $56.00 to $46.00. They have an “outperform” rating on the company.
Bank of America (NYSE:BAC) raised their price target on Dell Inc. (DELL) to $19.50.
Piper Jaffray (NYSE:PJC) raised their price target on Home Depot (HD) to $39.00.
Jefferies (NYSE:JEF) raised their price target on PG&E Co. (PCG) to $51.00.
Needham & Company raised their price target on Photronics, Inc. (PLAB) from $11.00 to $13.00. They have a “buy” rating on the company.
Friday, May 6, 2011
Price Targets on (ORA) (ORN) (PCG) (PCLN) (PKI) Updated
Analysts updated their price targets on Ormat Technologies (NYSE: ORA), Orion Marine Group, Inc. (NYSE: ORN), PG&E Co. (NYSE: PCG), Priceline (NASDAQ: PCLN) and PerkinElmer, Inc. (NYSE: PKI) today.
Ardour Capital cut their price target on Ormat Technologies (ORA) from $27.00 to $24.00. They now have a “buy” rating on the company.
FBR Capital cut their price target on Orion Marine Group, Inc. (ORN) from $14.00 to $11.00. They have an “outperform” rating on the company.
FBR Capital cut their price target on PG&E Co. (PCG) from $51.50 to $48.00. They have an “outperform” rating on the company.
Caris & Company raised their price target on Priceline (PCLN) from $555.00 to $630.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on PerkinElmer, Inc. (PKI) to $31.00. They have a “buy” rating on the company.
Ardour Capital cut their price target on Ormat Technologies (ORA) from $27.00 to $24.00. They now have a “buy” rating on the company.
FBR Capital cut their price target on Orion Marine Group, Inc. (ORN) from $14.00 to $11.00. They have an “outperform” rating on the company.
FBR Capital cut their price target on PG&E Co. (PCG) from $51.50 to $48.00. They have an “outperform” rating on the company.
Caris & Company raised their price target on Priceline (PCLN) from $555.00 to $630.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on PerkinElmer, Inc. (PKI) to $31.00. They have a “buy” rating on the company.
Coverage on (INTC) (MDAS) (PCG) (PHH) (PMC) Initiated by Analysts
Intel Corporation (NASDAQ:INTC), MedAssets, INC. (NASDAQ:MDAS), PG&E Corp. (NYSE:PCG), PHH CORPORATION (NYSE:PHH) and PharMerica Corporation (NYSE:PMC) had coverage initiated on them by analysts.
Deutsche Bank (NYSE:DB) initiated coverage on Intel Corporation (INTC), starting them off with a "Buy" rating. They placed a price target of $27 on the company.
Deutsche Bank initiated coverage on MedAssets, INC. (MDAS), starting them off with a "Hold" rating. They raised their price target from $17.50 to $18 on the company.
Deutsche Bank initiated coverage on PG&E Corp. (PCG), starting them off with a "Hold" rating. They lowered their price target from $49 to $45 on the company.
FBR Capital Markets initiated coverage on PHH CORPORATION (PHH), starting them off with an "Outperform" rating. They placed a price target of $28 on the company.
Credit Suisse (NYSE:CS) initiated coverage on PharMerica Corporation (PMC), starting them off with a "Neutral" rating. They raised their price target from $11 to $12 on the company.
Deutsche Bank (NYSE:DB) initiated coverage on Intel Corporation (INTC), starting them off with a "Buy" rating. They placed a price target of $27 on the company.
Deutsche Bank initiated coverage on MedAssets, INC. (MDAS), starting them off with a "Hold" rating. They raised their price target from $17.50 to $18 on the company.
Deutsche Bank initiated coverage on PG&E Corp. (PCG), starting them off with a "Hold" rating. They lowered their price target from $49 to $45 on the company.
FBR Capital Markets initiated coverage on PHH CORPORATION (PHH), starting them off with an "Outperform" rating. They placed a price target of $28 on the company.
Credit Suisse (NYSE:CS) initiated coverage on PharMerica Corporation (PMC), starting them off with a "Neutral" rating. They raised their price target from $11 to $12 on the company.
Price Targets on (OKS) (PCG) (RDC) (RJET) (SAM) Updated
Oneok Partners LP (NYSE: OKS), PG&E Co. (NYSE: PCG), Rowan Companies, Inc. (NYSE: RDC), Republic Airways Holdings Inc. (NASDAQ: RJET) and The Boston Beer Company, Inc. (NYSE: SAM) had price targets updated on them.
Barclays Capital raised their price target on Oneok Partners LP (OKS) from $86.00 to $90.00. They have an “overweight” rating on the company.
Barclays Capital cut their price target on PG&E Co. (PCG) from $53.00 to $48.00. They now have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Rowan Companies, Inc. ( RDC) from $46.00 to $51.00. They have a “buy” rating on the company.
Deutsche Bank cut their price target on Republic Airways Holdings Inc. (RJET) from $13.00 to $8.00. They have a “buy” rating on the company.
Deutsche Bank cut their price target on The Boston Beer Company, Inc. (SAM) from $88.00 to $85.00. They have a “hold” rating on the company.
Barclays Capital raised their price target on Oneok Partners LP (OKS) from $86.00 to $90.00. They have an “overweight” rating on the company.
Barclays Capital cut their price target on PG&E Co. (PCG) from $53.00 to $48.00. They now have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Rowan Companies, Inc. ( RDC) from $46.00 to $51.00. They have a “buy” rating on the company.
Deutsche Bank cut their price target on Republic Airways Holdings Inc. (RJET) from $13.00 to $8.00. They have a “buy” rating on the company.
Deutsche Bank cut their price target on The Boston Beer Company, Inc. (SAM) from $88.00 to $85.00. They have a “hold” rating on the company.
Thursday, May 5, 2011
Ratings on (MET) (NCIT) (PCG) (BPOP) Reiterated by Analysts
Ratings on MetLife, Inc. (NYSE: MET), NCI Inc (NASDAQ: NCIT), PG&E Co. (NYSE: PCG) and Popular, Inc. (NASDAQ: BPOP) were reiterated by analysts today.
Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on MetLife, Inc. (MET).
EarlyBird Capital reiterated a “buy” rating on NCI Inc (NCIT). They have a price target of $27.00 on the company.
Deutsche Bank (NYSE:DB) reiterated a “hold” rating on PG&E Co. (PCG). They have a price target of $45.00 on the company, down from $49.00.
Keefe, Bruyette & Woods, Inc reiterated an “outperform” rating on Popular, Inc. (BPOP). They have a price target of $4.50 on the company.
Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on MetLife, Inc. (MET).
EarlyBird Capital reiterated a “buy” rating on NCI Inc (NCIT). They have a price target of $27.00 on the company.
Deutsche Bank (NYSE:DB) reiterated a “hold” rating on PG&E Co. (PCG). They have a price target of $45.00 on the company, down from $49.00.
Keefe, Bruyette & Woods, Inc reiterated an “outperform” rating on Popular, Inc. (BPOP). They have a price target of $4.50 on the company.
Monday, May 2, 2011
Dividend Yields for (CMS) (XEL) (PCG) (NEE) (SRE)
Indicated dividend yields for Standard & Poor's 500 Index companies CMS Energy Corp (CMS), Xcel Energy Inc (XEL), PG&E Corp (PCG), NextEra Energy Inc (NEE) and Sempra Energy (SRE).
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
CMS Energy Corp (CMS) has a dividend yield of 4.24 percent on a declared dividend of $0.21. The payout ratio is 39.8 percent.
Xcel Energy Inc (XEL) has a dividend yield of 4.15 percent on a declared dividend of $0.25. The payout ratio is 59.7 percent.
PG&E Corp (PCG) has a dividend yield of 3.95 percent on a declared dividend of $0.46. The payout ratio is 56.1 percent.
NextEra Energy Inc (NEE) has a dividend yield of 3.89 percent on a declared dividend of $0.55. The payout ratio is 79.3.
Sempra Energy (SRE) has a dividend yield of 3.49 percent on a declared dividend of $0.48. The payout ratio is 33.4 percent.
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
CMS Energy Corp (CMS) has a dividend yield of 4.24 percent on a declared dividend of $0.21. The payout ratio is 39.8 percent.
Xcel Energy Inc (XEL) has a dividend yield of 4.15 percent on a declared dividend of $0.25. The payout ratio is 59.7 percent.
PG&E Corp (PCG) has a dividend yield of 3.95 percent on a declared dividend of $0.46. The payout ratio is 56.1 percent.
NextEra Energy Inc (NEE) has a dividend yield of 3.89 percent on a declared dividend of $0.55. The payout ratio is 79.3.
Sempra Energy (SRE) has a dividend yield of 3.49 percent on a declared dividend of $0.48. The payout ratio is 33.4 percent.
Monday, April 18, 2011
PG&E (PCG) Upgraded by Credit Suisse (CS)
Shares of PG&E Corporation (NYSE:PCG) were upgraded by Credit Suisse (NYSE:CS) from "Neutral" to "Outperform," citing the headwinds facing the company have been identified and at the current price are overstated, as they see limited fundamental downside going forward.
Credit Suisse says shares of PCG are trading cheap to its peers at this time, considering the company's 7%+ rate base growth, earnings visibility with decoupling, forward rates and cost of capital set through 2012, a 2013 ROE reset to 10.5%, limited risk to Diablo Canyon, and realistic outcomes from San Bruno are not that negative.
They have a EPS estimate for 2011-2013 of $3.73, $3.92, and $3.74.
PG&E Corporation were trading at $44.71, down $0.15, or 0.35 percent, as of 12:10 PM EDT. The price target on the company was boosted from $45 to $50 by Credit Suisse.
Credit Suisse says shares of PCG are trading cheap to its peers at this time, considering the company's 7%+ rate base growth, earnings visibility with decoupling, forward rates and cost of capital set through 2012, a 2013 ROE reset to 10.5%, limited risk to Diablo Canyon, and realistic outcomes from San Bruno are not that negative.
They have a EPS estimate for 2011-2013 of $3.73, $3.92, and $3.74.
PG&E Corporation were trading at $44.71, down $0.15, or 0.35 percent, as of 12:10 PM EDT. The price target on the company was boosted from $45 to $50 by Credit Suisse.
Monday, March 14, 2011
Bank of America (BAC) Cuts Entergy (ETR), Scana (SCG) on Japan Nuclear Issues
Challenges from the earthquake in Japan to its nuclear reactors has put pressure on a number of stocks with exposure to the industry, and Bank of America (NYSE:BAC) downgraded Entergy (NYSE:ETR) and Scana (NYSE:SCG) as a result, although numerous other companies with nuclear exposure are down today.
Cuts to Entergy and Scana were based upon the probability they'll have to pay higher approval and relicensing costs in light of the nuclear power crisis and focus in Japan, said the giant bank.
Other stocks being strong affected today are General Electric (NYSE:GE), Edison International (NYSE:EIX), PG&E, Exelon (NYSE:EXC) and Xcel Energy (NYSE:XEL).
Entergy is trading at $69.94, down $3.75, or 5.09 percent, as of 11:55 AM EDT. Scana was at $38.85, down $1.20, or 3.00 percent.
Cuts to Entergy and Scana were based upon the probability they'll have to pay higher approval and relicensing costs in light of the nuclear power crisis and focus in Japan, said the giant bank.
Other stocks being strong affected today are General Electric (NYSE:GE), Edison International (NYSE:EIX), PG&E, Exelon (NYSE:EXC) and Xcel Energy (NYSE:XEL).
Entergy is trading at $69.94, down $3.75, or 5.09 percent, as of 11:55 AM EDT. Scana was at $38.85, down $1.20, or 3.00 percent.
Monday, December 20, 2010
FirstEnergy (NYSE:FE), PPL Corporation (NYSE:PPL), Allegheny Energy (NYSE:AYE) Pressured by Dark Spread Compression
Citing challenges from dark spread compression in 2011, FBR Capital sees FirstEnergy (NYSE:FE), PPL Corporation (NYSE:PPL) and Allegheny Energy (NYSE:AYE) possibly being under pressure next year.
FBR said, "As we look to 2011, we believe the multiyear relative outperformance streak for regulated names could come to an end due to the impact of rising interest rates, and we continue to favor growth-oriented low “duration” names such as PG&E (NYSE:PCG)(Outperform/Top Pick) and SCANA (NYSE:SCG)(Outperform). For integrated names, the worst of the stock price adjustment could be behind us, as they are imputing roughly $4.45/MMBtu natural gas and offer attractive dividend yields compared to regulated utilities. Expectations for power market recovery will likely improve in 2011, driven by EPA regulations, more coal retirements, a promising capacity auction in PJM, and an improved natural gas outlook. Within our integrated coverage universe, we prefer Entergy Corporation (NYSE:ETR)(Outperform). While it is minimally exposed to power market tightening via coal retirements, it appears oversold, has a secure dividend in our opinion, and could catch a bid from any natural gas price appreciation."
Integrated Utilities Opinion
"Healing process has begun for integrated utilities. The worst of the natural gas and power price adjustments is now likely behind us. However, based on the outlook from our coal and gas teams, dark spread compression could still remain a theme in 2011, pressuring coal-heavy names such as FirstEnergy Corp. (Market Perform) and PPL Corporation (Market Perform). Also in the group is Allegheny Energy, Inc. (Not Rated) (pro forma). However, the rationalization in coal generation has begun, driven by forthcoming Environmental Protection Agency (EPA) regulations and dwindling Eastern coal supply. In addition, power prices seem to be ticking up at PJM Interconnection (PJM), perhaps indicating that the higher cost of coal burn is being reflected in power markets. We see no indication in the 2013 PJM forwards that widespread plant retirements are being anticipated."
FirstEnergy was trading at $36.37, up $0.09, or 0.25 percent, as of 12:21 PM EST. PPL Corporation was trading at $26.01, down $0.02, or 0.08 percent. Allegheny Energy was trading at $ 23.75, up $0.08, or 0.34 percent.
FBR said, "As we look to 2011, we believe the multiyear relative outperformance streak for regulated names could come to an end due to the impact of rising interest rates, and we continue to favor growth-oriented low “duration” names such as PG&E (NYSE:PCG)(Outperform/Top Pick) and SCANA (NYSE:SCG)(Outperform). For integrated names, the worst of the stock price adjustment could be behind us, as they are imputing roughly $4.45/MMBtu natural gas and offer attractive dividend yields compared to regulated utilities. Expectations for power market recovery will likely improve in 2011, driven by EPA regulations, more coal retirements, a promising capacity auction in PJM, and an improved natural gas outlook. Within our integrated coverage universe, we prefer Entergy Corporation (NYSE:ETR)(Outperform). While it is minimally exposed to power market tightening via coal retirements, it appears oversold, has a secure dividend in our opinion, and could catch a bid from any natural gas price appreciation."
Integrated Utilities Opinion
"Healing process has begun for integrated utilities. The worst of the natural gas and power price adjustments is now likely behind us. However, based on the outlook from our coal and gas teams, dark spread compression could still remain a theme in 2011, pressuring coal-heavy names such as FirstEnergy Corp. (Market Perform) and PPL Corporation (Market Perform). Also in the group is Allegheny Energy, Inc. (Not Rated) (pro forma). However, the rationalization in coal generation has begun, driven by forthcoming Environmental Protection Agency (EPA) regulations and dwindling Eastern coal supply. In addition, power prices seem to be ticking up at PJM Interconnection (PJM), perhaps indicating that the higher cost of coal burn is being reflected in power markets. We see no indication in the 2013 PJM forwards that widespread plant retirements are being anticipated."
FirstEnergy was trading at $36.37, up $0.09, or 0.25 percent, as of 12:21 PM EST. PPL Corporation was trading at $26.01, down $0.02, or 0.08 percent. Allegheny Energy was trading at $ 23.75, up $0.08, or 0.34 percent.
Subscribe to:
Posts (Atom)