FirstEnergy Corp. – Consensus Indicates Potential 24.4% Upside

Broker Ratings

FirstEnergy Corp. found using ticker (FE) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 53 and 41 calculating the average target price we see 48.4. Now with the previous closing price of 38.9 this would imply there is a potential upside of 24.4%. There is a 50 day moving average of 43.83 and the 200 day moving average is 40.97. The market capitalisation for the company is $21,890m. Visit the company website at:

The potential market cap would be $27,235m 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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