# Eversource Energy – Consensus ‘buy’ rating and 21.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/eversource-energy-consensus-buy-rating-and-21.9-upside-potential/4121127872
- Published: 2023-09-20T13:24:51+01:00
- Author: Charlotte Edwards

**Eversource Energy** with ticker code (ES) have now 14 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between 94 and 66 and has a mean target at $78.36. Given that the stocks
previous close was at $64.29 this is indicating there is a potential upside of 21.9%.
It’s also worth noting that there is a 50 day moving average of $67.17 and the 200
moving average now moves to $74.98. The company has a market cap of 22.27B. The 
stock price for the company is currently 63.79 USD

 The potential market cap would be $27,141,637,988 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 18.93, revenue per share of 36.34
and a 3.07% return on assets.

Eversource Energy is a utility holding company that is engaged in the energy delivery
business through its subsidiaries. The Company operates through four business segments:
Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water
Distribution. The Electric Distribution segment is engaged in the distribution of
electricity to retail customers in Connecticut, Massachusetts, and New Hampshire,
respectively. The Electric Transmission segment owns and maintains transmission 
facilities that are part of an interstate power transmission grid over which electricity
is transmitted throughout New England. The Natural Gas Distribution segment distributes
natural gas to its customers in Massachusetts and Connecticut. The Water Distribution
segment provides water services to residential, commercial, industrial, municipal
and fire protection and other customers, in Connecticut, Massachusetts and New Hampshire.
Its subsidiaries include NSTAR Electric Company and others.

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