Duke Energy Corporation (Holdin with ticker code (DUK) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 120 and 93 calculating the average target price we see 108.13. Given that the stocks previous close was at 95.39 this indicates there is a potential upside of 13.4%. The day 50 moving average is 100.82 while the 200 day moving average is 102.31. The company has a market cap of $73,912m. Company Website: https://www.duke-energy.com
The potential market cap would be $83,784m based on the market concensus.
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 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
