NextEra Energy with ticker code (NEE) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 111 and 79 calculating the mean target price we have 91.58. Now with the previous closing price of 78.32 this would indicate that there is a potential upside of 16.9%. The day 50 moving average is 75.84 and the 200 day moving average is 80.87. The company has a market capitalisation of $154,940m. Find out more information at: https://www.nexteraenergy.com
The potential market cap would be $181,172m based on the market concensus.
NextEra Energy, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2021, the company had approximately 28,564 megawatts of net generating capacity; approximately 77,000 circuit miles of transmission and distribution lines; and 696 substations. It serves approximately 11 million people through approximately 5.7 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group and changed its name to NextEra Energy in 2010. The company was founded in 1925 and is headquartered in Juno Beach, Florida.