Brokerage Firm Rating Update on NextEra Energy (NEE)

NextEra Energy (NEE) : The consensus on NextEra Energy (NEE) based on 12 analyst recommendation on the company stock is 1.46, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

NextEra Energy (NEE) : 10 investment research analysts covering NextEra Energy (NEE) have an average price target of $136.1 for the near short term. The highest target price given by the Brokerage Firm to the stock is $153 and the lowest target is $115 for the short term. Analysts expect the variance to be within $11.12 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Deutsche Bank maintains its outlook on NextEra Energy (NYSE:NEE). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $134 per share to $133 per share. The rating by the firm was issued on July 28, 2016.

NextEra Energy (NYSE:NEE): stock was range-bound between the intraday low of $124.42 and the intraday high of $126.96 after having opened at $126.96 on Wednesdays session. The stock finally closed in the red at $126.96, a loss of -0.18%. The stock remained in the red for the whole trading day. The total traded volume was 2,450,554 shares. The stock failed to cross $126.96 in Wednesdays trading. The stocks closing price on Thursday was $125.29.

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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