Diversified Utilities touched New Highs: Public Service Enterprise (NYSE:PEG), MDU Resources Group (NYSE:MDU), Vectren (NYSE:VVC), Unitil Corporation (NYSE:UTL)

We expect Public Service Enterprise Group Inc. (NYSE: PEG) to beat expectations when it reports first-quarter 2014 financial results on May 1. Last quarter, the company registered a positive earnings surprise of 4.26%. Public Service Enterprise Group Inc.(NYSE:PEG) shares after opening at $40.66 moved to $40.88 on last trade day and at the end of the day closed at $40.44. Company price to sales ratio in past twelve months was calculated as 2.05 and price to cash ratio as 41.52. Public Service Enterprise Group Inc. (NYSE:PEG) showed a positive weekly performance of 3.08%.

MDU Resources Group, Inc. (NYSE:MDU) will webcast its first quarter 2014 earnings conference call May 1 following the release of its results.The webcast will begin at 10 a.m. EDT and can be accessed at www.mdu.com. A webcast replay and audio replay will be available. The dial-in number for audio replay is (855) 859-2056, or (404) 537-3406 for international callers, conference ID 23827719. MDU Resources Group Inc (NYSE:MDU) shares fell -0.67% in last trading session and ended the day on $35.51. MDU return on equity ratio is recorded as 10.30% and its return on assets is 4.00%. MDU Resources Group Inc (NYSE:MDU) yearly performance is 49.14%.

Vectren Corp. (NYSE:VVC) stock had its “neutral” rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Thursday, Stock Ratings Network.com reports. They currently have a $40.00 price objective on the stock. Vectren Corp (NYSE:VVC) shares moved down -0.90% in last trading session and was closed at $40.56, while trading in range of $ 40.47 – 41.14. Vectren Corp (NYSE:VVC) year to date (YTD) performance is 15.39%.

Research analysts at RBC Capital increased their target price on shares of Unitil Corp. (NYSE:UTL) from $31.00 to $33.00 in a report released on Monday, ARN reports. RBC Capital’s price target points to a potential downside of 0.84% from the company’s current price. Unitil Corporation (NYSE:UTL) weekly performance is 0.76%. On last trading day company shares ended up $33.05. Unitil Corporation (NYSE:UTL) distance from 50-day simple moving average (SMA50) is 4.99%. Analysts mean target price for the company is $40.83.

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