FirstEnergy Corp (FE) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on FirstEnergy Corp (FE). On average, analysts give FE a Buy rating. The average price target is $39.785, which means analysts expect the stock to add by 6.01% over the next twelve months. That average ranking earns FE an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating FE a Buy today. Find out what this means to you and get the rest of the rankings on FE!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With FirstEnergy Corp Stock Today?

FirstEnergy Corp (FE) stock is down -0.35% while the S&P 500 is higher by 0.38% as of 3:03 PM on Wednesday, Nov 22. FE is down -$0.13 from the previous closing price of $37.66 on volume of 1,583,280 shares. Over the past year the S&P 500 is higher by 13.78% while FE is down -3.72%. FE earned $0.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 41.28. Click Here to get the full Stock Report for FirstEnergy Corp stock.