FirstEnergy Corp. with ticker code (FE) now have 15 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 49 and 39 with a mean TP of 44.9. Now with the previous closing price of 41.21 this would imply there is a potential upside of 9.0%. The 50 day moving average now sits at 38.64 and the 200 moving average now moves to 41.21. The company has a market capitalisation of $23,439m. Visit the company website at: https://www.firstenergycorp.com
The potential market cap would be $25,537m 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.
