In a report released today, Sophie Karp from KeyBanc reiterated a Buy rating on Duke Energy (DUK – Research Report). The company’s shares closed yesterday at $92.65.
Karp covers the Utilities sector, focusing on stocks such as Duke Energy, WEC Energy Group, and Ameren. According to TipRanks, Karp has an average return of 3.2% and a 49.32% success rate on recommended stocks.
Duke Energy has an analyst consensus of Moderate Buy, with a price target consensus of $103.75.
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The company has a one-year high of $99.92 and a one-year low of $82.11. Currently, Duke Energy has an average volume of 3.26M.
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DUK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Duke Energy (DUK) Company Description:
Founded in 1904, North Carolina-based Duke Energy Corporation is an energy company which distributes natural gas and energy related services. It operates through three segments including, Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.
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