FirstEnergy Corp. with ticker code (FE) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 48 and 39 suggesting an average Analsyt target price of $44.25. Given that the stocks previous close was at $40.85 this now indicates there is a potential upside of 8.3%. There is a 50 day moving average of $40.00 while the 200 day moving average is $39.82. The market cap for the company is $23,567m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $25,528m based on the market consensus.
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
The company has a dividend yield of 3.79% with the ex dividend date set at 4-5-2023 (DMY).
Other points of data to note are a P/E ratio of 57.94, revenue per share of 21.49 and a 2.71% return on assets.
