Portland General Electric Co
POR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$27.00 | Clpqnmg | Pznshnyp |
Portland General Electric Earnings: Long-Term Growth Plan Has Upside; Stock Is Cheap
We are reaffirming our $50 per share fair value estimate for Portland General Electric, or PGE, after the company reported earning $0.46 per share on an adjusted basis in the third quarter of 2023, down from $0.65 during the third quarter last year. We are reaffirming our narrow moat rating.