KD Logo

UBS gives a Buy recommendation for Portland General Electric Co (POR)

NUE

In a filing, Portland General Electric Co revealed its EVP, COO Felton Benjamin unloaded Company’s shares for reported $79372.0 on Apr 17 ’25. In the deal valued at $43.02 per share,1,845 shares were sold. As a result of this transaction, Felton Benjamin now holds 32,646 shares worth roughly $1.38 million.

Then, Felton Benjamin bought 1,845 shares, generating $79,372 in total proceeds.

Before that, Felton Benjamin sold 575 shares. Portland General Electric Co shares valued at $23,759 were divested by the EVP, COO at a price of $41.32 per share. As a result of the transaction, Felton Benjamin now holds 37,282 shares, worth roughly $1.58 million.

UBS upgraded its Portland General Electric Co [POR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early April from “an Overweight” to “a Neutral”. Ladenburg Thalmann also remained covering POR and has decreased its forecast on February 18, 2025 with a “Neutral” recommendation from previously “Buy” rating. UBS revised its rating on January 03, 2025. It rated POR as “a Neutral” which previously was an “a Buy”.

Price Performance Review of POR

On Monday, Portland General Electric Co [NYSE:POR] saw its stock jump 1.48% to $42.38. Over the last five days, the stock has gained 2.34%. Portland General Electric Co shares have fallen nearly -2.84% since the year began. Nevertheless, the stocks have fallen -3.51% over the past one year. While a 52-week high of $49.85 was reached on 03/04/25, a 52-week low of $40.05 was recorded on 01/13/25. SMA at 50 days reached $43.44, while 200 days put it at $45.21.

Levels Of Support And Resistance For POR Stock

The 24-hour chart illustrates a support level at 41.93, which if violated will result in even more drops to 41.49. On the upside, there is a resistance level at 42.66. A further resistance level may holdings at 42.95. The Relative Strength Index (RSI) on the 14-day chart is 48.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.60%. Stochastics %K at 37.06% indicates the stock is a holding.

The most recent change occurred on September 25, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $54 price target.

Most Popular