FirstEnergy Corp. with ticker code (FE) now have 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 51 and 40 and has a mean target at 45.77. Now with the previous closing price of 38.62 this is indicating there is a potential upside of 18.5%. There is a 50 day moving average of 39.48 while the 200 day moving average is 40.99. The company has a market capitalisation of $22,318m. Visit the company website at: https://www.firstenergycorp.com
The potential market cap would be $26,450m 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.
