# Eversource Energy – Consensus ‘buy’ rating and 8.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/eversource-energy-consensus-buy-rating-and-8.5-upside-potential/4121134836
- Published: 2023-12-01T13:39:57+00:00
- Author: Charlotte Edwards

**Eversource Energy** which can be found using ticker (ES) have now 16 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $94.00 and $50.00 and has a mean target at 
$64.81. Given that the stocks previous close was at $59.71 and the analysts are 
correct then we can expect a percentage increase in value of 8.5%. The day 50 moving
average is $56.60 and the 200 day MA is $68.31. The company has a market capitalization
of 20.75B. The stock price for the company is currently is currently $59.41 USD

 The potential market cap would be $22,526,070,855 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 17.79, revenue per share of $35.06
and a 2.91% 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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