# WEC Energy Group, Inc. – Consensus ‘buy’ rating and 10.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/wec-energy-group-inc.consensus-buy-rating-and-10.0-upside-potential/4121127851
- Published: 2023-09-20T15:01:44+01:00
- Author: Charlotte Edwards

**WEC Energy Group, Inc.** with ticker code (WEC) now have 12 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between 105 and 83 suggesting an average
Analsyt target price of $95.33. Given that the stocks previous close was at $86.68
this indicates there is a potential upside of 10.0%. The day 50 moving average is
$87.21 and the 200 moving average now moves to $91.43. The market cap for the company
is 27.35B. The current share price for the company is: 86.7 USD

 The potential market cap would be $30,077,355,996 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 20.3, revenue per share of 29.42
and a 2.97% return on assets.

WEC Energy Group, Inc. is a diversified holding company. The Company, through its
wholly owned subsidiaries, provides or invests in regulated natural gas and electricity,
and renewable energy, as well as non-regulated renewable energy. The Company’s segment
includes Wisconsin, Illinois, Other States and Electric Transmission. Wisconsin 
segment is engaged primarily in the generation of electricity and the distribution
of electricity and natural gas in Wisconsin and generates electricity and distributes
electricity and natural gas to customers located in the Upper Peninsula of Michigan.
Illinois segment is engaged primarily in the distribution of natural gas in Illinois.
Other state segment is engaged primarily in the distribution of natural gas in Minnesota
and Michigan, respectively. Non-utility energy infrastructure segment is principally
engaged in the ownership of electric power generating facilities. Its segments also
include Electric transmission segment.

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