Analyst Price Target Update on NextEra Energy (NYSE:NEE)

NextEra Energy (NYSE:NEE) stock has received a short term price target of $ 127.89 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $10.12. The higher estimate of target price is $144 , while the lower price target estimate is $115

Many analysts have stated their opinion on the company shares. Macquarie downgrades its view on NextEra Energy (NYSE:NEE) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on April 4, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Yeager William L, officer (EVP Eng, Const. & ISC) of Nextera Energy Inc, unloaded 5,318 shares at an average price of $116.84 on March 17, 2016. The total amount of the transaction was worth $621,355, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

NextEra Energy (NYSE:NEE) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.24 points or 0.19% at $123.59 with 1,170,657 shares getting traded. Post opening the session at $123.87, the shares hit an intraday low of $123.36 and an intraday high of $124.34 and the price was in this range throughout the day. The company has a market cap of $57,030 million and the number of outstanding shares have been calculated to be 461,445,950 shares. The 52-week high of NextEra Energy (NYSE:NEE) is $124.85 and the 52-week low is $93.74.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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