WEC Energy Group, Inc. Share Price Target ‘$87.39’, now 7.8% Upside Potential

Broker Ratings
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WEC Energy Group, Inc. which can be found using ticker (WEC) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $96.00 and $78.00 suggesting an average analyst share price target price of $87.39. (at the time of writing). Given that the stocks previous close was at $81.03 this is indicating there is a potential upside of 7.8%. It’s also worth noting that there is a 50 day moving average of $81.87 while the 200 day moving average is $82.02. The company has a market cap of 25.64B. The stock price for the company is currently is currently $81.18 USD

The potential market cap would be $27,650,865,354 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 17.72, revenue per share of $27.53 and a 3.34% 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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