Duke Energy Corporation (NYSE:DUK) target price lowered to $77.00, issued a report today by Citigroup
- Updated: October 4, 2016
Duke Energy Corporation (NYSE:DUK) had its target price lowered to $77.00 by Citigroup in a report released 10/04/2016. The new target price indicates a possible downside of -0.01% based on the company's last closing price.
Previously on 9/26/2016, Suntrust Robinson reported on Duke Energy Corporation (NYSE:DUK) raised the target price from $82.00 to $85.00. At the time, this indicated a possible upside of 0.04%.
Yesterday Duke Energy Corporation (NYSE:DUK) traded -1.83% lower at $77.71. The company’s 50-day moving average is $80.61 and its 200-day moving average is $81.26. The last closing price is down -4.45% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,740,298 shares of the stock were exchanged, down from an average trading volume of 2,960,920
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Duke Energy Corporation has a price-earnings ratio of 20.52 with a one year low of $65.50 and a one year high of $87.75 The company’s market cap is currently $0.
In addition to Citigroup reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is $80.24 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 17 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Duke Energy Corporation (NYSE:DUK)
Duke Energy Corporation (Duke Energy) is an energy company. The Company's segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy's subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc. (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc. (Duke Energy Ohio), and Duke Energy Indiana, Inc. (Duke Energy Indiana). Its Regulated Utilities segment conducts operations through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. Its International Energy segment operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids. Its Commercial Portfolio acquires, builds, develops and operates wind and solar renewable generation and energy transmission projects.
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