FirstEnergy Corp. – Consensus Indicates Potential 8.7% Upside

Broker Ratings

FirstEnergy Corp. with ticker code (FE) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 48 and 38 with a mean TP of 42.43. With the stocks previous close at 39.05 this is indicating there is a potential upside of 8.7%. There is a 50 day moving average of 37.57 while the 200 day moving average is 37.05. The company has a market cap of $20,503m. Visit the company website at: 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 operates 24,035 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 272,531 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 155,920,348 kilovolt-amperes. 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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