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PCG PR A - Pacific Gas And Electric Co News Story

$31 1.0  3.3%

Sector
Utilities
Size
Large Cap
Market Cap £5.70bn
Enterprise Value £31.80bn
Revenue £13.58bn
Position in Universe th / 6847

BUZZ-PG&E Corp rises after new CEO appoinment, board rejig

Thu 4th April, 2019 3:43pm
** Shares of PG&E Corp  PCG.N  up 3.4 pct at $19.09 after
the bankrupt utility appoints new CEO, reshuffles board
    ** Names William Johnson new CEO and to appoint 10 new
directors to board  urn:newsml:reuters.com:*:nBw5LPlC8a
    ** Seven current board directors to step down 
    ** Up to Wednesday's close, PG&E's stock down 61 pct since
the catastrophic Camp Fire broke on Nov. 8, killing 86 people
    ** The average rating by 13 analysts covering the stock is
'hold' and the mean price target is $20.88

 (Reporting By Arundhati Sarkar in Bengaluru)
 ((Reuters Messaging: arundhati.sarkar@.thomsonreuters.com))
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