WEC Energy Group, Inc. Share Price Target ‘$87.38’, now 9.4% Upside Potential

Broker Ratings
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WEC Energy Group, Inc. which can be found using ticker (WEC) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between $96.00 and $75.00 suggesting an average analyst share price target price of $87.38. (at the time of writing). Given that the stocks previous close was at $79.86 this would imply there is now a potential upside of 9.4%. It’s also worth noting that there is a 50 day moving average of $82.85 and the 200 moving average now moves to $85.98. The market capitalization for the company is 24.61B. The stock price is currently at: $78.03 USD

The potential market cap would be $26,931,107,269 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 18.49, revenue per share of $28.20 and a 3.04% return on assets.

WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. The Company’s segment includes Wisconsin, Illinois, Other States and Electric Transmission. Wisconsin segment is engaged primarily in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and generates electricity and distributes electricity and natural gas to customers located in the Upper Peninsula of Michigan. Illinois segment is engaged primarily in the distribution of natural gas in Illinois. Other state segment is engaged primarily in the distribution of natural gas in Minnesota and Michigan, respectively. Non-utility energy infrastructure segment is principally engaged in the ownership of electric power generating facilities. Its segments also include Electric transmission segment.

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