FirstEnergy Corp. found using ticker (FE) have now 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 48 and 41 with a mean TP of 44.61. Now with the previous closing price of 40.98 this would indicate that there is a potential upside of 8.9%. The 50 day MA is 41.1 and the 200 moving average now moves to 38.71. The company has a market capitalisation of $23,356m. Company Website: https://www.firstenergycorp.com
The potential market cap would be $25,424m 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.
