Analyst Rating Update on Duke Energy Corporation (DUK)

Duke Energy Corporation (DUK) : 15 analysts are covering Duke Energy Corporation (DUK) and their average rating on the stock is 2.6, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Duke Energy Corporation (DUK) : 10 investment research analysts covering Duke Energy Corporation (DUK) have an average price target of $81.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $89 and the lowest target is $74 for the short term. Analysts expect the variance to be within $5.68 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Citigroup maintains the rating on Duke Energy Corporation (NYSE:DUK). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $72 per share to $82 per share. The rating by the firm was issued on July 20, 2016.


Duke Energy Corporation (NYSE:DUK): The stock opened at $85.43 on Wednesday but the bulls could not build on the opening and the stock topped out at $85.58 for the day. The stock traded down to $84.70 during the day, due to lack of any buying support eventually closed down at $85.15 with a loss of -0.48% for the day. The stock had closed at $85.56 on the previous day. The total traded volume was 3,076,765 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.

Leave a Reply

Get Pre-Market Alerts!

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