A statement released earlier today by Zacks Investment Research about NextEra Energy Inc (NYSE:NEE) bumps the target price to $127.00
- Updated: November 27, 2016
Just yesterday NextEra Energy Inc (NYSE:NEE) traded 1.18% higher at $114.03. NextEra Energy Inc’s 50-day moving average is $121.01 and its 200-day moving average is $123.60. The last stock price is down -7.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,152,326 shares of NEE traded hands, down from an average trading volume of 2,481,260
Zacks Investment Research raised the target price of NextEra Energy Inc (NYSE:NEE) to $127.00 reporting a possible upside of 0.11%.
Previously on 1/29/2016, Robert W. Baird released a statement about NextEra Energy Inc (NYSE:NEE) increased the target price from $110.00 to $120.00. At the time, this indicated a possible upside of 0.11%.
Recent Performance Chart
NextEra Energy Inc has 52 week low of $96.19 and a 52 week high of $131.98 with a PE ratio of 21.69 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is $124.29 with 7 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell.
More About NextEra Energy Inc (NYSE:NEE)
NextEra Energy, Inc. (NEE) is a holding company. The Company is an electric power company in North America with electric generating facilities located in over 30 states in the United States and approximately five provinces in Canada. NEE's operating segments are FPL, an electric utility, and NEER, an energy business. NEE provides risk management services related to power and gas consumption related to its own generation assets and for a limited number of wholesale customers in selected markets. NEE also generates renewable energy from the wind and sun. It operates through two subsidiaries, which includeFlorida Power & Light Company (FPL) and NextEra Energy Resources, LLC (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.
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