Eversource Energy which can be found using ticker (ES) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $94.00 and $50.00 and has a mean target at $66.63. Given that the stocks previous close was at $58.79 this would indicate that there is a potential upside of 13.3%. It’s also worth noting that there is a 50 day moving average of $58.04 while the 200 day moving average is $60.64. The company has a market capitalization of 20.43B. The stock price for the company is currently $58.24 USD
The potential market cap would be $23,150,317,981 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of $34.07 and a 2.91% return on assets.
Eversource Energy is a utility holding company that is engaged in the energy delivery business through its subsidiaries. The Company operates through four business segments: Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution. The Electric Distribution segment is engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire, respectively. The Electric Transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The Natural Gas Distribution segment distributes natural gas to its customers in Massachusetts and Connecticut. The Water Distribution segment provides water services to residential, commercial, industrial, municipal and fire protection and other customers, in Connecticut, Massachusetts and New Hampshire. Its subsidiaries include NSTAR Electric Company and others.
