# WEC Energy Group, Inc. – Consensus ‘hold’ rating and 8.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/wec-energy-group-inc.consensus-hold-rating-and-8.4-upside-potential/4121132957
- Published: 2023-11-16T13:11:06+00:00
- Author: Charlotte Edwards

**WEC Energy Group, Inc.** with ticker code (WEC) have now 13 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The target 
price High/Low ranges between $98.00 and $81.00 and has a mean target at $88.38.
Given that the stocks previous close was at $81.51 this indicates there is a potential
upside of 8.4%. The 50 day moving average now sits at $82.51 and the 200 day moving
average is $88.74. The company has a market cap of 25.69B. The stock price for the
company is currently $81.43 USD

 The potential market cap would be $27,850,784,246 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 18.85, revenue per share of $29.28
and a 3% 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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