Public Service Enterprise Group Inc
PEG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$78.00 | Nwcjk | Kqgqcvwh |
PSEG's Huge Investment Plan Could Determine the Fate of Natural Gas in New Jersey
We are reaffirming our $65 fair value estimate for Public Service Enterprise Group after the company announced it filed for regulatory approval a new three-year $2.54 billion capital investment plan for its natural gas distribution system. We are maintaining our narrow moat and stable moat trend ratings for PSEG.