Brokerages Raised These Top Utilities’ Target Prices

Analysts’ target prices

NextEra Energy (NEE) stock has a potential upside of almost 9.0% going forward. NextEra Energy has a mean target price of $170.1. Currently, NextEra Energy is trading at $156.5. RBC raised NextEra Energy’s target price from $166.0 to $170.0 last week.

Duke Energy (DUK) stock offers a potential upside of 11.2% for the next 12 months. Duke Energy has a mean target price of $82.1. Currently, Duke Energy is trading at $73.8. Credit Suisse raised Duke Energy’s target price from $81.0 to $85.0 May 16.

Brokerages Raised These Top Utilities’ Target Prices

FirstEnergy (FE) has a mean target price of $37.7, which implies an estimated upside of 13.6% going forward. Currently, FirstEnergy is trading at $33.2. RBC increased FirstEnergy’s target price to $36.0 from $35.0 last week.

Exelon (EXC) also received a rating change last week. Analysts expect 10% upside in Exelon for the next year. Analysts have given Exelon a mean target price of $43.4—compared to its current market price of $39.4. RBC raised Exelon’s target price from $43.0 to $45.0 last week.

Xcel Energy (XEL) stock has a mean target price of $47.8—compared to its current market price of $43.7. The stock has a potential upside of ~10% for the next 12 months. SunTrust Robinson Humphrey cut Xcel Energy’s target price from $45.0 to $44.0 last week.

To learn about stocks from the S&P 500 Utilities (XLU) that offer the highest upside potential, read Opportunities Beckon in S&P 500 Utilities.