Brokerage Firm Rating Update on Duke Energy Corporation (DUK)

Duke Energy Corporation (DUK) : 2 brokerage houses believe that Duke Energy Corporation (DUK) is a Strong Buy at current levels. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Duke Energy Corporation (DUK). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.71.

Duke Energy Corporation (DUK) : The most positive equity analysts on Duke Energy Corporation (DUK) expects the shares to touch $89, whereas, the least positive believes that the stock will trade at $74 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $83 with an expected fluctuation of $5.41 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, SunTrust Robinson Humphrey maintains its rating on Duke Energy Corporation (NYSE:DUK).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, SunTrust Robinson Humphrey lowers the new price target from $83 per share to $81 per share. The rating by the firm was issued on August 29, 2016.

Duke Energy Corporation (NYSE:DUK): stock was range-bound between the intraday low of $80.38 and the intraday high of $81.26 after having opened at $81.26 on Wednesdays session. The stock finally closed in the red at $81.26, a loss of -0.49%. The stock remained in the red for the whole trading day. The total traded volume was 2,259,627 shares. The stock failed to cross $81.26 in Wednesdays trading. The stocks closing price on Thursday was $80.94.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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