NYSE:PCGElectric Utilities
Is PG&E (PCG) Undervalued After Raising Its Tender Offer Cap To $1.2b?
PG&E (PCG) stock is drawing attention after Pacific Gas and Electric Company increased the Aggregate Maximum Tender Amount for its ongoing cash tender offers to $1.2b, extending recent efforts to manage outstanding notes and mortgage bonds.
See our latest analysis for PG&E.
The tender offer increase and recent earnings update sit against a steady backdrop for PG&E, with the share price at US$17.60 and a 90 day share price return of 8.24%, while the 1 year total shareholder return of 27.23%...