FirstEnergy Corp. – Consensus Indicates Potential 20.4% Upside

Broker Ratings
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FirstEnergy Corp. with ticker code (FE) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 53 and 39 calculating the average target price we see 45.34. Now with the previous closing price of 37.65 this would indicate that there is a potential upside of 20.4%. The 50 day moving average now sits at 40.05 and the 200 day MA is 41.41. The company has a market cap of $22,256m. Visit the company website at: https://www.firstenergycorp.com

The potential market cap would be $26,802m 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.

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