FirstEnergy Corp. with ticker code (FE) now have 15 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 51 and 40 with the average target price sitting at 46.7. Given that the stocks previous close was at 37.63 this would indicate that there is a potential upside of 24.1%. The day 50 moving average is 41.23 and the 200 moving average now moves to 40.9. The market capitalisation for the company is $21,330m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $26,471m 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.
