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NextEra Energy: A Look at Analysts’ Price Targets

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NextEra Energy’s price targets

According to Wall Street analysts, NextEra Energy (NEE) has the potential to rise 11% during the next year. NEE has a target price of $138, compared to its current price of $124.13.

Of the 21 analysts tracking NextEra Energy, 18 analysts gave it “buy” recommendations and three analysts gave it “hold” recommendations. None of the analysts gave NEE a “sell” recommendation as of October 21, 2016.

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By comparison, Southern Company (SO) has a target price of $52.88, compared to its current market price of $50.73. This target implies a rise of 4% over the next year. Duke Energy (DUK) has the potential to gain 7%, with a target price of $83.50. DUK is currently trading at $78.4.

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