Duke Energy Corp Price Target Increased to $81.00 by Analysts at RBC Capital (DUK)
Stock analysts at RBC Capital lifted their price objective on shares of Duke Energy Corp (NYSE:DUK) from $80.00 to $81.00 in a report issued on Monday. RBC Capital’s price target would indicate a potential upside of 11.16% from the company’s current price.
DUK has been the subject of a number of other recent research reports. 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. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $76.50.
Shares of Duke Energy Corp (NYSE:DUK) opened at 72.87 on Monday. Duke Energy Corp has a 52-week low of $64.16 and a 52-week 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 posted its quarterly earnings results 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.
Duke Energy Corporation (NYSE:DUK) is an energy company.
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