FirstEnergy Corp. – Consensus Indicates Potential 8.3% Upside

Broker Ratings
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FirstEnergy Corp. with ticker code (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 38 calculating the mean target price we have 44.43. Now with the previous closing price of 41.03 this would indicate that there is a potential upside of 8.3%. The 50 day moving average now sits at 41.44 and the 200 day moving average is 39.9. The market capitalisation for the company is $23,170m. You can visit the company’s website by visiting: https://www.firstenergycorp.com

The potential market cap would be $25,090m 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, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 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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