# FirstEnergy Corp.  Share Price Target ‘$40.21’, now 9.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/firstenergy-corp.share-price-target-40.21-now-9.3-upside-potential/4121141275
- Published: 2024-02-06T13:38:28+00:00
- Author: Charlotte Edwards

**FirstEnergy Corp.** with ticker code (FE) now have 14 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $44.00 and $32.00 suggesting an average analyst share price target
price of $40.21. (at the time of writing). Now with the previous closing price of
$36.79 this would indicate that there is a potential upside of 9.3%. The day 50 
moving average is $37.17 and the 200 day moving average is $37.30. The market cap
for the company is 20.78B. The stock price is currently at: $36.22 USD

 The potential market cap would be $22,715,621,556 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 38.13, 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.

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