FirstEnergy Corp. – Consensus Indicates Potential 5.4% Upside

Broker Ratings
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FirstEnergy Corp. found using ticker (FE) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 49 and 41 with the average target price sitting at 43.82. Now with the previous closing price of 41.57 this now indicates there is a potential upside of 5.4%. The 50 day MA is 39.82 and the 200 day moving average is 38.09. The company has a market capitalisation of $23,714m. Company Website: https://www.firstenergycorp.com

The potential market cap would be $24,998m based on the market concensus.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. It operates 24,035 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 272,531 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 155,920,348 kilovolt-amperes. 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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