FirstEnergy Corp. with ticker code (FE) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $47.00 and $30.00 suggesting an average analyst share price target price of $40.64. (at the time of writing). Given that the stocks previous close was at $38.01 this would imply there is now a potential upside of 6.9%. It’s also worth noting that there is a 50 day moving average of $37.46 and the 200 day MA is $37.04. The total market capitalization for the company now stands at 22.08B. The stock price is currently at: $38.37 USD
The potential market cap would be $23,610,492,561 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 19.58, revenue per share of $22.14 and a 2.76% return on assets.
FirstEnergy Corp (FirstEnergy) and its subsidiaries are principally involved in the transmission, distribution, and generation of electricity. The Company operates through two segments: Regulated Distribution and Regulated Transmission segments. The Regulated Distribution distributes electricity through FirstEnergy’s ten utility operating companies, serving customers Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, and purchases power for its POLR, SOS, SSO and default service requirements in Ohio, Pennsylvania, New Jersey, and Maryland. This segment also controls approximately 3,580 megawatts (MWs) of regulated electric generation capacity located primarily in West Virginia and Virginia. The Regulated Transmission provides transmission infrastructure owned and operated by the Transmission Companies and certain of FirstEnergy’s utilities (JCP&L, MP, PE and WP) to transmit electricity from generation sources to distribution facilities.
