Analyst Rating Update on NextEra Energy (NEE)

NextEra Energy (NYSE:NEE) has an average broker rating of 1.46, which is interpreted as a Strong Buy, as rated by 12 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

NextEra Energy (NYSE:NEE) : The highest short term price target forecast on NextEra Energy (NYSE:NEE) is $146 and the lowest target price is $115. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $128.11 with a standard deviation of $10.53.

For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Macquarie downgrades its rating on NextEra Energy (NYSE:NEE).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 4, 2016.

NextEra Energy (NYSE:NEE): stock turned positive on Tuesday. Though the stock opened at $127.53, the bulls momentum made the stock top out at $128.56 level for the day. The stock recorded a low of $126.29 and closed the trading day at $128.46, in the green by 0.45%. The total traded volume for the day was 2,559,126. The stock had closed at $127.88 in the previous days trading.

In an insider trading activity, Kelliher Joseph T, officer (EVP, Federal Reg. Affairs) of Nextera Energy Inc, unloaded 11,697 shares at an average price of $124.31 on June 15, 2016. The total amount of the transaction was worth $1,454,054, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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