# WEC Energy Group, Inc.  Share Price Target ‘$87.39’, now 11.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/wec-energy-group-inc.share-price-target-87.39-now-11.6-upside-potential/4121162621
- Published: 2024-06-27T13:26:56+01:00
- Author: Charlotte Edwards

**WEC Energy Group, Inc.** with ticker code (WEC) have now 14 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The target 
price High/Low ranges between $96.00 and $78.00 with the average share target price
sitting at $87.39. (at the time of writing). Now with the previous closing price
of $78.32 this would imply there is now a potential upside of 11.6%. It’s also worth
noting that there is a 50 day moving average of $81.49 and the 200 day MA is $81.61.
The market capitalization for the company is 24.68B. The current share price for
the company is: $78.15 USD

 The potential market cap would be $27,539,865,295 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 17.06, revenue per share of $27.53
and a 3.34% 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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