FirstEnergy Corp. with ticker code (FE) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 53 and 39 calculating the average target price we see 45.34. Now with the previous closing price of 41.86 this would imply there is a potential upside of 8.3%. The day 50 moving average is 39.83 and the 200 day MA is 41.45. The company has a market cap of $23,919m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $25,907m 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.
