Duke Energy Corporation (DUK) Receives Price Target

Duke Energy Corporation (DUK) : The highest short term price target forecast on Duke Energy Corporation (DUK) is $89 and the lowest target price is $74. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $82.89 with a standard deviation of $5.44.

Duke Energy Corporation (DUK) has an average broker rating of 2.71, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Brokerage firm SunTrust Robinson Humphrey maintains its rating on Duke Energy Corporation (NYSE:DUK). As per the latest information, the brokerage house lowers the price target to $86 per share from a prior target of $87. The shares have been rated Neutral. The rating by the firm was issued on August 1, 2016.

Duke Energy Corporation (NYSE:DUK): The stock opened at $79.66 on Thursday but the bulls could not build on the opening and the stock topped out at $79.80 for the day. The stock traded down to $79.13 during the day, due to lack of any buying support eventually closed down at $79.33 with a loss of -0.41% for the day. The stock had closed at $79.66 on the previous day. The total traded volume was 2,428,567 shares.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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