# WEC Energy Group, Inc. – Consensus ‘hold’ rating and -2.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/wec-energy-group-inc.consensus-hold-rating-and-2.0-downside-potential/4121172777
- Published: 2024-10-01T13:22:54+01:00
- Author: Charlotte Edwards

**WEC Energy Group, Inc.** with ticker code (WEC) now have 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The target 
price High/Low ranges between $103.00 and $79.50 with the average target price sitting
at $93.37. Given that the stocks previous close was at $95.26 this indicates there
is a potential downside of -2.0%. The 50 day MA is $91.18 and the 200 day moving
average is $83.49. The company has a market cap of 30.40B. Currently the stock stands
at: $96.18 USD

 The potential market cap would be $29,797,320,448 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 22.21, revenue per share of $27.34
and a 3.21% 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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