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 calculating the average target price we see $64.75. Given that the stocks previous close was at $59.04 this now indicates there is a potential upside of 9.7%. Also worth taking note is the 50 day moving average now sits at $56.86 and the 200 moving average now moves to $68.62. The company has a market capitalization of 20.77B. The current share price for the company is: $59.47 USD
The potential market cap would be $22,781,681,552 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 17.8, revenue per share of $35.06 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.
