Duke Energy Corporation (Holdin found using ticker (DUK) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 120 and 93 with a mean TP of 108.13. Now with the previous closing price of 92.83 this is indicating there is a potential upside of 16.5%. The day 50 moving average is 99.94 and the 200 day moving average is 101.9. The company has a market capitalisation of $72,518m. Find out more information at: https://www.duke-energy.com
The potential market cap would be $84,471m 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.
