Shares of Portland General Electric Co (NYSE:POR) traded at a new 52-week high today of $52.47. This new high was reached on below average trading volume as 66,000 shares traded hands, while the average 30-day volume is approximately 494,000 shares.
Over the past year, Portland General Electric Co has traded in a range of $31.96 to $52.47 and is now at $52.09, 63% above that low.
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 900,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.9 gigawatts of gas, coal, wind, and hydro generation.
Based on a current price of $52.09, Portland General Electric Co is currently 4.9% above its average consensus analyst price target of $49.54.
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