FirstEnergy's Stock Performance Among Utilities: A Comparison

Reported 1 day ago

FirstEnergy Corp., with a market cap of $24.9 billion, operates in electricity generation and distribution across several states. The stock has seen a 9.6% increase over the past three months, outperforming the Utilities Select Sector SPDR Fund (5.8%). However, year-to-date growth of 9.5% lags behind XLU's 12.3%, and it has faced a slight decline in the past year, contrasting with XLU's 7.5% gain. Despite these challenges, analysts maintain a 'Moderate Buy' rating with a price target suggesting a potential upside.

Source: YAHOO

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