Duke Energy Corporation (Holdin which can be found using ticker (DUK) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 114 and 99 suggesting an average Analsyt target price of $107.08. Now with the previous closing price of $97.64 this would indicate that there is a potential upside of 9.7%. The 50 day moving average now sits at $96.78 while the 200 day moving average is $100.68. The market capitalization for the company is $75,839m. Company Website: https://www.duke-energy.com
The potential market cap would be $83,172m based on the market consensus.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments, Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
The company has a dividend yield of 4.12% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 20.76, revenue per share of 36.78 and a 2.35% return on assets.
