# FirstEnergy Corp. – Consensus ‘buy’ rating and 11.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/firstenergy-corp.consensus-buy-rating-and-11.2-upside-potential/4121132377
- Published: 2023-11-09T12:25:30+00:00
- Author: Charlotte Edwards

**FirstEnergy Corp.** with ticker code (FE) have now 14 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $44.00 and $35.00 calculating the average target price we
see $40.14. Now with the previous closing price of $36.10 this would imply there
is now a potential upside of 11.2%. The day 50 moving average is $35.54 and the 
200 moving average now moves to $38.18. The market cap for the company is 20.48B.
The current share price for the company is: $35.69 USD

 The potential market cap would be $22,771,338,865 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 37.57, revenue per share of $22.20
and a 2.74% return on assets.

FirstEnergy Corp (FirstEnergy) and its subsidiaries are principally involved in 
the transmission, distribution, and generation of electricity. The Company operates
through two segments: Regulated Distribution and Regulated Transmission segments.
The Regulated Distribution distributes electricity through FirstEnergy’s ten utility
operating companies, serving customers Ohio, Pennsylvania, West Virginia, Maryland,
New Jersey, and New York, and purchases power for its POLR, SOS, SSO and default
service requirements in Ohio, Pennsylvania, New Jersey, and Maryland. This segment
also controls approximately 3,580 megawatts (MWs) of regulated electric generation
capacity located primarily in West Virginia and Virginia. The Regulated Transmission
provides transmission infrastructure owned and operated by the Transmission Companies
and certain of FirstEnergy’s utilities (JCP&L, MP, PE and WP) to transmit electricity
from generation sources to distribution facilities.

Share on: