# FirstEnergy Corp. – Consensus ‘buy’ rating and 14.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/firstenergy-corp.consensus-buy-rating-and-14.8-upside-potential/4121126329
- Published: 2023-08-30T12:21:58+01:00
- Author: Charlotte Edwards

**FirstEnergy Corp.** which can be found using ticker (FE) now have 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 calculating
the average target price we see $41.77. Given that the stocks previous close was
at $36.38 and the analysts are correct then we can expect a percentage increase 
in value of 14.8%. It’s also worth noting that there is a 50 day moving average 
of $38.11 and the 200 day MA is $39.57. The market capitalization for the company
is 20.90B. The stock price for the company is currently 36.46 USD

 The potential market cap would be $24,001,994,659 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 45.57, 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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