Brokerage Firm Rating on Duke Energy Corporation (DUK)

Duke Energy Corporation (DUK) : The consensus on Duke Energy Corporation (DUK) based on 14 analyst recommendation on the company stock is 2.71, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

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 10 equity analysts are currently covering the company. The average price of all the analysts is $82.8 with a standard deviation of $5.27.


Company shares have received an average consensus rating of Hold for the current week Duke Energy Corporation (NYSE:DUK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $83.92 and $83.46 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $83.91, notching a gain of 0.14% for the day. The total traded volume was 2,731,403 . The stock had closed at $83.79 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Mckee E Marie, director of Duke Energy Corp, had unloaded 1,558 shares at an average price of $76.66 in a transaction dated on May 23, 2016. The total value of the transaction was worth $119,436.

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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