Public Service Enterprise Group Inc
PEG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$28.00 | Wnpsh | Xzqkfsr |
Public Service Enterprise Group: Gas Investment Plan Key Growth Driver
We are reaffirming our $65 fair value estimate for Public Service Enterprise Group after New Jersey regulators approved approximately $900 million of investment in the company's natural gas distribution system during the next two years. We are also maintaining our narrow moat rating.