Analysts Have Conflicting Sentiments on These Utilities Companies: FirstEnergy (FE) and Eversource Energy (ES)

Analysts have been eager to weigh in on the Utilities sector with new ratings on FirstEnergy (FE – Research Report) and Eversource Energy (ES – Research Report).

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FirstEnergy (FE)

In a report released today, Anthony Crowdell from Mizuho Securities maintained a Hold rating on FirstEnergy, with a price target of $50.00. The company’s shares closed last Wednesday at $46.24.

According to TipRanks.com, Crowdell is a 5-star analyst with an average return of 7.1% and a 68.8% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Brookfield Renewable Partners, and American Electric Power. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FirstEnergy with a $50.40 average price target, which is an 8.4% upside from current levels. In a report released today, KeyBanc also maintained a Hold rating on the stock.

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Eversource Energy (ES)

In a report released yesterday, Ross Fowler from Bank of America Securities reiterated a Buy rating on Eversource Energy, with a price target of $72.00. The company’s shares closed last Wednesday at $65.26.

According to TipRanks.com, Fowler is a 4-star analyst with an average return of 6.8% and a 64.9% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and California Water Service. ;'>

Eversource Energy has an analyst consensus of Hold, with a price target consensus of $70.83, which is a 0.6% upside from current levels. In a report issued on November 12, TR | OpenAI – 4o also upgraded the stock to Buy with a $81.00 price target.

Read More on FE:

Disclaimer & DisclosureReport an Issue

• FirstEnergy Ohio utilities to pay $250.7M penalty following PUCO order
• FirstEnergy’s JCP&L investing $108M through 2028 in Ocean County, NJ
• FirstEnergy initiated with an Overweight at Wells Fargo
• FirstEnergy price target raised to $51 from $49 at Scotiabank
• FirstEnergy price target raised to $50 from $47 at UBS