FirstEnergy Corp. found using ticker (FE) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 48 and 38 with a mean TP of 44.21. Given that the stocks previous close was at 39.98 this would indicate that there is a potential upside of 10.6%. The 50 day MA is 41.06 and the 200 day moving average is 39.78. The market cap for the company is $22,409m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $24,780m based on the market concensus.
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.
