NextEra Energy (NEE) : 8 brokerage houses believe that NextEra Energy (NEE) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on NextEra Energy (NEE). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 12 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.46.
NextEra Energy (NEE) : The most positive equity analysts on NextEra Energy (NEE) expects the shares to touch $146, whereas, the least positive believes that the stock will trade at $115 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $128.11 with an expected fluctuation of $10.53 from the mean.
NextEra Energy (NYSE:NEE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $130.67 and $129.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $131.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $130.89, notching a gain of 0.02% for the day. The total traded volume was 2,497,929 . The stock had closed at $130.87 on the previous day.
Also, Major Brokerage house, Macquarie downgrades its ratings on NextEra Energy (NYSE:NEE). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on April 4, 2016. The company shares have rallied 28.37% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $131.32 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $123.08 and the 200 Day Moving Average price is recorded at $115.75.
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.