Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates six thermal plants; seven hydroelectric plants; and three wind farms. As of December 31, 2020, it owned an electric transmission system consisting of 1,269 circuit miles, including 287 circuit miles of 500 kilovolt line, 414 circuit miles of 230 kilovolt line, and 568 miles of 115 kilovolt line. The company has 27,939 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 908 thousand residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
IPO Year:
Exchange: NYSE
Website: portlandgeneral.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/14/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/13/2025 | $46.00 | Market Perform | BMO Capital Markets |
| 5/5/2025 | $50.00 | Neutral → Buy | UBS |
| 4/10/2025 | $44.00 | Overweight → Neutral | Analyst |
| 2/18/2025 | $42.00 | Buy → Neutral | Ladenburg Thalmann |
| 1/3/2025 | $52.00 → $47.00 | Buy → Neutral | UBS |
| 9/25/2024 | $54.00 | Outperform | Evercore ISI |
| 9/20/2024 | $48.00 | Hold | Jefferies |
| 9/18/2024 | $48.00 → $49.00 | Overweight → Equal Weight | Barclays |
| 9/12/2024 | $47.00 | Underperform | BofA Securities |
KeyBanc Capital Markets downgraded Portland Gen Elec from Overweight to Sector Weight
BMO Capital Markets initiated coverage of Portland Gen Elec with a rating of Market Perform and set a new price target of $46.00
UBS upgraded Portland Gen Elec from Neutral to Buy and set a new price target of $50.00
Analyst downgraded Portland Gen Elec from Overweight to Neutral and set a new price target of $44.00
Ladenburg Thalmann downgraded Portland Gen Elec from Buy to Neutral and set a new price target of $42.00
UBS downgraded Portland Gen Elec from Buy to Neutral and set a new price target of $47.00 from $52.00 previously
Evercore ISI initiated coverage of Portland Gen Elec with a rating of Outperform and set a new price target of $54.00
Jefferies initiated coverage of Portland Gen Elec with a rating of Hold and set a new price target of $48.00
Barclays downgraded Portland Gen Elec from Overweight to Equal Weight and set a new price target of $49.00 from $48.00 previously
BofA Securities resumed coverage of Portland Gen Elec with a rating of Underperform and set a new price target of $47.00
4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)