RBC Capital analyst Shelby Tucker maintained a Buy rating on Duke Energy (DUK – Research Report) on February 13 and set a price target of $113.00. The company’s shares closed yesterday at $92.36.
According to TipRanks, Tucker is a 5-star analyst with an average return of 6.8% and a 59.56% success rate. Tucker covers the Utilities sector, focusing on stocks such as Duke Energy, Pnm Resources, and Fluence Energy.
Duke Energy has an analyst consensus of Moderate Buy, with a price target consensus of $102.23, which is a 10.69% upside from current levels. In a report released on February 12, BMO Capital also maintained a Buy rating on the stock with a $100.00 price target.
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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 72 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.
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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.
Read More on DUK:
- Duke Energy price target lowered to $100 from $101 at BMO Capital
- Duke Energy downgraded to Neutral at BofA after ‘strong run’
- Duke Energy downgraded to Neutral from Buy at BofA
- Duke Energy to pull CATL batteries from Marine Corp base, Reuters says
- Options Volatility and Implied Earnings Moves Today, February 08, 2024
