J.P. Morgan analyst Richard Sunderland maintained a Hold rating on Portland GE today and set a price target of $47.00. The company’s shares opened today at $43.69.
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According to TipRanks, Sunderland is a 3-star analyst with an average return of 3.6% and a 56.58% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Edison International, New Jersey Resources, and Nisource.
Portland GE has an analyst consensus of Hold, with a price target consensus of $44.80.
The company has a one-year high of $49.85 and a one-year low of $39.55. Currently, Portland GE has an average volume of 1.19M.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of POR in relation to earlier this year. Last month, Maria Pope, the President & CEO of POR sold 18,896.00 shares for a total of $803,080.00.
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