NextEra Energy with ticker code (NEE) now have 19 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 109.3 and 79 and has a mean target at 92.85. Given that the stocks previous close was at 77.73 this would indicate that there is a potential upside of 19.5%. There is a 50 day moving average of 86.45 and the 200 day moving average is 81.02. The company has a market capitalisation of $148,671m. Company Website: https://www.nexteraenergy.com
The potential market cap would be $177,591m 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, and fossil fuel, such as coal and natural gas facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, electric transmission facilities, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2020, the company operated approximately 28,400 megawatts of net generating capacity. It serves approximately 11 million people through approximately 5.6 million customer accounts in the east and lower west coasts of Florida with approximately 76,200 circuit miles of transmission and distribution lines and 673 substations. The company was formerly known as FPL Group and changed its name to NextEra Energy in 2010. NextEra Energy was founded in 1925 and is headquartered in Juno Beach, Florida.
