KeyBanc analyst Sophie Karp has adjusted the price target for FirstEnergy (FE, Financial), reducing it from $47 to $46. Despite this revision, the analyst maintains an Overweight rating on the company's shares. KeyBanc identifies FirstEnergy as one of the few preferred "value" stocks, asserting that it is currently undervalued compared to its industry counterparts.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for FirstEnergy Corp (FE, Financial) is $44.97 with a high estimate of $47.00 and a low estimate of $42.00. The average target implies an upside of 11.51% from the current price of $40.33. More detailed estimate data can be found on the FirstEnergy Corp (FE) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, FirstEnergy Corp's (FE, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for FirstEnergy Corp (FE, Financial) in one year is $43.75, suggesting a upside of 8.48% from the current price of $40.33. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the FirstEnergy Corp (FE) Summary page.
