FirstEnergy Corp. with ticker code (FE) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 53 and 39 with the average target price sitting at 45.16. Given that the stocks previous close was at 40.18 this now indicates there is a potential upside of 12.4%. The 50 day MA is 38.89 while the 200 day moving average is 41.3. The market cap for the company is $22,702m. You can visit the company’s website by visiting: https://www.firstenergycorp.com
The potential market cap would be $25,515m 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, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 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.
