# Eversource Energy – Consensus ‘buy’ rating and 33.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/eversource-energy-consensus-buy-rating-and-33.0-upside-potential/4121129317
- Published: 2023-10-12T12:42:44+01:00
- Author: Charlotte Edwards

**Eversource Energy** which can be found using ticker (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 61 calculating the mean target price
we have $77.50. Given that the stocks previous close was at $58.28 this would imply
there is now a potential upside of 33.0%. There is a 50 day moving average of $62.74
while the 200 day moving average is $72.95. The market capitalization for the company
is 20.59B. The stock price for the company is currently 58.97 USD

 The potential market cap would be $27,374,472,170 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 17.5, 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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