NextEra Energy Inc Reaches New 12-Month High at $90.00 (NEE)
NextEra Energy (NYSE:NEE)’s share price reached a new 52-week high during trading on Tuesday, Analyst Ratings Network reports. The stock traded as high as $90.00 and last traded at $88.70, with a volume of 2,664,871 shares traded. The stock had previously closed at $86.89.
A number of analysts have recently weighed in on NEE shares. Analysts at UBS AG raised their EPS on shares of NextEra Energy in a research note to investors on Thursday, January 23rd. They now have a “hold” rating and a $93.00 price target on the stock. Separately, analysts at Barclays cut their price target on shares of NextEra Energy from $94.00 to $91.00 in a research note to investors on Monday, January 6th. They now have an “overweight” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of NextEra Energy in a research note to investors on Wednesday, December 11th. They now have a $90.00 price target on the stock, up previously from $87.00. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $89.93.
NextEra Energy has a one year low of $71.42 and a one year high of $89.75. The stock has a 50-day moving average of $85.24 and a 200-day moving average of $83.95. The company has a market cap of $38.244 billion and a price-to-earnings ratio of 18.35.
NextEra Energy (NYSE:NEE) last announced its earnings results on Tuesday, January 28th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.02. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the previous year, the company posted $1.03 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, analysts predict that NextEra Energy will post $4.96 earnings per share for the current fiscal year.
NextEra Energy, Inc (NYSE:NEE) is one of the electric power companies in North America, with over 42,000 megawatt of generating capacity in 26 states in the United States and four provinces in Canada.
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