FirstEnergy Corp. (NYSE:FE) has coverage initiated with a Outperform rating and $39.00 price target

ME Staff
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Analyst Ratings For FirstEnergy Corp. (NYSE:FE)

Today, Howard Weil initiated coverage on FirstEnergy Corp. (NYSE:FE) with a Outperform with a price target of $39.00.

There are 10 Buy Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on FirstEnergy Corp. (NYSE:FE) is Buy with a consensus target price of $36.4077 per share, a potential 4.53% upside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Outperform rating.
  • 7/10/2018-Barclays initiated coverage with a Equal Weight rating.
  • 5/7/2018-Mizuho Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 4/30/2018-Wells Fargo & Co Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 2/2/2018-UBS Group initiated coverage with a Buy rating.

Recent Insider Trading Activity For FirstEnergy Corp. (NYSE:FE)
FirstEnergy Corp. (NYSE:FE) has insider ownership of 0.27% and institutional ownership of 94.93%.

  • On 3/13/2018 Gurminder Singh Sangha, Insider, bought 1,500 with an average share price of $0.23 per share and the total transaction amounting to $345.00.
  • On 9/11/2017 Donald T Misheff, Director, bought 100 with an average share price of $32.53 per share and the total transaction amounting to $3,253.00.
  • On 12/20/2016 Charles D Lasky, SVP, sold 5,149 with an average share price of $31.36 per share and the total transaction amounting to $161,472.64.
  • On 12/20/2016 Donald R Schneider, Insider, sold 6,525 with an average share price of $31.36 per share and the total transaction amounting to $204,624.00.
  • On 3/14/2016 Steven E Strah, SVP, bought 560 with an average share price of $35.59 per share and the total transaction amounting to $19,930.40.
  • On 5/4/2015 Anthony J Alexander, Chairman, sold 54,436 with an average share price of $36.85 per share and the total transaction amounting to $2,005,966.60.
  • On 2/26/2015 Bennett L Gaines, SVP, sold 5,400 with an average share price of $35.78 per share and the total transaction amounting to $193,212.00.

About FirstEnergy Corp. (NYSE:FE)
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates coal-fired, nuclear, hydroelectric, oil and natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,493 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 276,555 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 164,470,215 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.

Recent Trading Activity for FirstEnergy Corp. (NYSE:FE)
Shares of FirstEnergy Corp. closed the previous trading session at 34.83 −0.48 1.36% with 35.38 shares trading hands.