The latest PEG analyst rating action came on Feb 26, 2026, when Scotiabank maintained Sector Perform on Public Service Enterprise Group Incorporated (PEG) and raised its price target to $92. This maintained rating signals a neutral view, while the higher target points to modest upside from current levels. We summarize the change, the price target move, historical analyst context, and what investors should watch next.

Quick summary of the PEG analyst rating move

On Feb 26, 2026, Scotiabank maintained Sector Perform on PEG and increased its price target to $92, a move that keeps the bank neutral but slightly more optimistic on valuation.

Scotiabank action and the $92 price target

Scotiabank left the formal rating as Sector Perform but raised its PEG price target to $92 on Feb 26, 2026, citing valuation compression and regulated utility cash flows. Full note via StreetInsider source.

What a maintained Sector Perform means for investors

A maintained Sector Perform means Scotiabank views PEG as fairly valued versus peers over the next 12 months, suggesting investors should expect return similar to the utility sector without aggressive upside.

Historical analyst context and other coverage

Recent coverage shows mixed neutral views: Evercore ISI previously gave an In Line rating with a $83 price target, reflecting steady analyst consensus and modest target dispersion source.

Price targets, market cap, and implications for performance

Scotiabank’s $92 target versus Evercore’s $83 target creates a price target range that frames potential upside and downside for PEG; the company market cap stands at $42,962,182,714, which supports the stock’s large-cap, regulated utility profile.

Meyka AI grade and next steps for traders

Meyka AI rates PEG with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus, and it guides investors on relative strength versus peers.

Final Thoughts

Scotiabank’s Feb 26, 2026 decision to maintain Sector Perform on PEG while raising the price target to $92 keeps the firm neutral but signals a bit more confidence in valuation. The move does not imply a buy or sell call, but it tightens the range of fair value for Public Service Enterprise Group Incorporated. With other analysts like Evercore ISI at $83, investors see a modest spread in price targets and a consensus clustered around neutral views. For investors, a maintained Sector Perform suggests monitoring regulatory developments, rate case outcomes, and earnings cadence rather than making immediate directional bets. Meyka AI, as an AI-powered market analysis platform, tracks these analyst moves in real time. Remember, Meyka AI rates PEG with a grade of B+, but grades are not guaranteed and we are not financial advisors.

FAQs

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.