Duke Energy Corporation (Holdin which can be found using ticker (DUK) have now 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 120 and 102 and has a mean target at $108.93. Given that the stocks previous close was at $97.31 and the analysts are correct then there would likely be a percentage uptick in value of 11.9%. The 50 day moving average now sits at $99.22 while the 200 day moving average is $101.50. The market capitalization for the company is $73,175m. You can visit the company’s website by visiting: https://www.duke-energy.com
The potential market cap would be $81,913m 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, renewable generation, and nuclear fuel to generate electricity. It 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 4.17% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 20.05, revenue per share of 36.78 and a 2.35% return on assets.
