FirstEnergy Corp. – Consensus Indicates Potential 35.3% Upside

Broker Ratings

FirstEnergy Corp. found using ticker (FE) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 48 and 28.5 and has a mean target at 36.77. With the stocks previous close at 27.17 this indicates there is a potential upside of 35.3%. The 50 day moving average now sits at 29.81 while the 200 day moving average is 33.01. The market capitalisation for the company is $14,824m. Company Website: http://www.firstenergycorp.com

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. It owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,486 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 269,691 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 156,115,196 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.

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