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NextEra Energy (NYSE:NEE)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a $94.00 price objective on the stock. Deutsche Bank’s price target would suggest a potential downside of 3.76% from the stock’s previous close.

NextEra Energy (NYSE:NEE) traded up 1.01% on Wednesday, hitting $97.67. 2,135,404 shares of the company’s stock traded hands. NextEra Energy has a 1-year low of $74.78 and a 1-year high of $98.14. The stock has a 50-day moving average of $94.8 and a 200-day moving average of $88.7. The company has a market cap of $42.524 billion and a price-to-earnings ratio of 21.63.

NextEra Energy (NYSE:NEE) last released its earnings data 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. Analysts expect that NextEra Energy will post $5.30 EPS for the current fiscal year.

NEE has been the subject of a number of other recent research reports. Analysts at KeyCorp reiterated a “buy” rating on shares of NextEra Energy in a research note on Tuesday. They now have a $101.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of NextEra Energy in a research note on Tuesday, April 8th. They now have a $121.00 price target on the stock, up previously from $106.00. Finally, analysts at Macquarie raised their price target on shares of NextEra Energy from $92.00 to $95.00 in a research note on Friday, April 4th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. NextEra Energy has an average rating of “Buy” and a consensus price target of $96.53.

NextEra Energy, Inc (NYSE:NEE) is an electric power company.

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