# FirstEnergy Corp. – Consensus ‘buy’ rating and 12.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/firstenergy-corp.consensus-buy-rating-and-12.3-upside-potential/4121127910
- Published: 2023-09-20T14:30:54+01:00
- Author: Charlotte Edwards

**FirstEnergy Corp.** with ticker code (FE) have now 13 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between 45 and 36 with the average target price
sitting at $41.31. Given that the stocks previous close was at $36.77 and the analysts
are correct then there would likely be a percentage uptick in value of 12.3%. The
50 day moving average now sits at $37.30 and the 200 moving average now moves to
$39.37. The market cap for the company is 21.10B. The stock price is currently at:
36.8 USD

 The potential market cap would be $23,704,907,867 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 46, revenue per share of 22.2 and
a 2.6% 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.

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