# WEC Energy Group, Inc. – Consensus ‘buy’ rating and 15.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/wec-energy-group-inc.consensus-buy-rating-and-15.5-upside-potential/4121126270
- Published: 2023-08-30T12:53:54+01:00
- Author: Charlotte Edwards

**WEC Energy Group, Inc.** with ticker code (WEC) have now 10 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between 111 and 88 suggesting an average Analsyt target price of
$98.50. Given that the stocks previous close was at $85.25 this would indicate that
there is a potential upside of 15.5%. It’s also worth noting that there is a 50 
day moving average of $88.40 and the 200 day moving average is $92.20. The company
has a market cap of 26.94B. The current share price for the company is: 85.42 USD

 The potential market cap would be $31,132,307,180 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, 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.

Share on: