Duke Energy Corporation (DUK) Receives ‘Analyst’ Rating

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 2, which is also a Buy.

Duke Energy Corporation (DUK) : 9 Wall Street analysts covering Duke Energy Corporation (DUK) believe that the average level the stock could reach for the short term is $82.44. The maximum price target given is $88 and the minimum target for short term is around $74, hence the standard deviation is calculated at $5.15.


Also, Major Brokerage house, SunTrust Robinson Humphrey maintains its ratings on Duke Energy Corporation (NYSE:DUK). In the latest research report, SunTrust Robinson Humphrey lowers the target price from $83 per share to $81 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 29, 2016.

Duke Energy Corporation (NYSE:DUK): After opening at $78.26, the stock dipped to an intraday low of $78.26 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $79.17 and the buying power remained strong till the end. The stock closed at $79.06 for the day, a gain of 0.50% for the day session. The total traded volume was 2,518,507. The stocks close on the previous trading day was $78.67.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.