Duke Energy Corp Given Consensus Recommendation of “Hold” by Brokerages (NYSE:DUK)
Duke Energy Corp (NYSE:DUK) has received a consensus rating of “Hold” from the fifteen brokerages that are currently covering the stock, American Banking News reports. Seven equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $71.25.
Duke Energy Corp (NYSE:DUK) opened at 72.87 on Wednesday. Duke Energy Corp has a one year low of $64.16 and a one year high of $75.13. The stock has a 50-day moving average of $72.36 and a 200-day moving average of $71.62. The company has a market cap of $51.539 billion and a P/E ratio of 23.46.
Duke Energy Corp (NYSE:DUK) last issued its quarterly earnings data on Thursday, August 7th. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.00 by $0.11. The company had revenue of $5.95 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Analysts expect that Duke Energy Corp will post $4.60 EPS for the current fiscal year.
A number of research firms have recently commented on DUK. Analysts at Zacks reiterated a “neutral” rating on shares of Duke Energy Corp in a research note on Friday. They now have a $77.00 price target on the stock. Separately, analysts at SunTrust reiterated a “neutral” rating on shares of Duke Energy Corp in a research note on Monday, August 4th. They now have a $71.00 price target on the stock, down previously from $73.00. Finally, analysts at ISI Group raised their price target on shares of Duke Energy Corp from $70.00 to $72.00 in a research note on Tuesday, July 29th.
Duke Energy Corporation (NYSE:DUK) is an energy company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.