FirstEnergy Corp. – Consensus Indicates Potential 10.2% Upside

Broker Ratings

FirstEnergy Corp. with ticker code (FE) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 51 and 41 calculating the mean target price we have 47.07. Given that the stocks previous close was at 42.7 this now indicates there is a potential upside of 10.2%. The 50 day MA is 44.64 while the 200 day moving average is 40.75. The market cap for the company is $24,699m. You can visit the company’s website by visiting: https://www.firstenergycorp.com

The potential market cap would be $27,226m based on the market concensus.

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FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

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