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PG&E Corp (PCG) rating downgrades by UBS

PG&E Corp’s recent filing unveils that its EVP/Corp. Affairs & CSO Peterman Carla J unloaded Company’s shares for reported $0.56 million on Apr 29 ’25. In the deal valued at $17.30 per share,32,519 shares were sold. As a result of this transaction, Peterman Carla J now holds 151,116 shares worth roughly $2.59 million.

Then, Peterman Carla J bought 32,519 shares, generating $562,497 in total proceeds.

Before that, DENAULT LEO P bought 6,300 shares. PG&E Corp shares valued at $100,548 were divested by the Director at a price of $15.96 per share. As a result of the transaction, DENAULT LEO P now holds 6,300 shares, worth roughly $0.11 million.

UBS downgraded its PG&E Corp [PCG] rating to a Neutral from a a Buy in a research note published on March 19, 2025; the price target was decreased to $19 from $22. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. Morgan Stanley also remained covering PCG and has decreased its forecast on February 14, 2025 with a “an Underweight” recommendation from previously “an Equal-weight” rating.

Price Performance Review of PCG

On Friday, PG&E Corp [NYSE:PCG] saw its stock fall -0.29% to $17.13. Over the last five days, the stock has gained 1.18%. PG&E Corp shares have fallen nearly -15.11% since the year began. Nevertheless, the stocks have fallen -3.38% over the past one year. While a 52-week high of $21.72 was reached on 01/06/25, a 52-week low of $14.99 was recorded on 02/04/25. SMA at 50 days reached $16.86, while 200 days put it at $18.44.

Levels Of Support And Resistance For PCG Stock

The 24-hour chart illustrates a support level at 17.01, which if violated will result in even more drops to 16.90. On the upside, there is a resistance level at 17.31. A further resistance level may holdings at 17.50. The Relative Strength Index (RSI) on the 14-day chart is 52.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.52%. Stochastics %K at 58.22% indicates the stock is a holding.

The most recent change occurred on January 13, 2025 when BMO Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $21 price target.

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