NextEra Energy Partners, LP – Consensus ‘Buy’ rating and 43.9% Upside Potential

Broker Ratings
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NextEra Energy Partners, LP which can be found using ticker (NEP) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 94 and 59 with the average target price sitting at $80.47. Now with the previous closing price of $55.94 this is indicating there is a potential upside of 43.9%. It’s also worth noting that there is a 50 day moving average of $63.30 and the 200 day moving average is $73.39. The market cap for the company is $5,040m. Visit the company website at: https://www.nexteraenergypartners.com

The potential market cap would be $7,250m based on the market consensus.

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

The company has a dividend yield of 5.81% with the ex dividend date set at 3-2-2023 (DMY).

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