# FirstEnergy Corp. – Consensus ‘buy’ rating and 6.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/firstenergy-corp.consensus-buy-rating-and-6.3-upside-potential/4121133016
- Published: 2023-11-16T13:02:06+00:00
- Author: Charlotte Edwards

**FirstEnergy Corp.** which can be found using ticker (FE) now have 14 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $43.00 and $32.00 
suggesting an average Analsyt target price of $38.93. Given that the stocks previous
close was at $36.63 this now indicates there is a potential upside of 6.3%. The 
50 day moving average now sits at $35.56 and the 200 day MA is $38.05. The company
has a market capitalization of 21.13B. The current share price for the company is:
$36.82 USD

 The potential market cap would be $22,454,486,424 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 38.76, 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: