FirstEnergy Corp. with ticker code (FE) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 53 and 41 and has a mean target at 48.21. Now with the previous closing price of 45.44 this indicates there is a potential upside of 6.1%. The 50 day MA is 44.34 and the 200 day moving average is 40.27. The market capitalisation for the company is $25,681m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $27,246m 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.
