Analyst Rating Update on NextEra Energy (NEE)

NextEra Energy (NEE) : 9 brokerage houses believe that NextEra Energy (NEE) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on NextEra Energy (NEE). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.42.

NextEra Energy (NEE) : Currently there are 10 street experts covering NextEra Energy (NEE) stock. The most bullish and bearish price target for the stock is $153 and $115 respectively for the short term. The average price target of all the analysts comes to $133.8. The estimated standard deviation from the target is $11.92.

For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Deutsche Bank maintains its rating on NextEra Energy (NYSE:NEE). As per the latest information, the brokerage house lowers the price target to $133 per share from a prior target of $134. The shares have been rated Buy. The rating by the firm was issued on July 28, 2016.


NextEra Energy (NYSE:NEE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $127.59 and $127.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $128.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $128.09, notching a gain of 0.36% for the day. The total traded volume was 5,070,477 . The stock had closed at $127.63 on the previous day.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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