NEE, DUK, SO, and D: Target Prices and Analysts’ Views

Analysts’ target prices

Florida-based utility giant NextEra Energy (NEE) stock has a potential upside of 5.2% going forward. NextEra Energy has a mean target price of $170.8. Currently, NextEra Energy is trading at $162.4.

Deutsche Bank raised NextEra Energy’s target price to $163.0 from $161.0 last week.

NEE, DUK, SO, and D: Target Prices and Analysts’ Views

Duke Energy (DUK), the biggest rate-regulated utility stock, offers a potential upside of 8.2% for the next 12 months. Duke Energy has a mean target price of $82.0. Currently, Duke Energy is trading at $75.8.

UBS cut Duke Energy’s target price from $88.0 to $87.0 last week. SunTrust Robinson Humphrey also trimmed Duke Energy’s target price from $82.0 to $79.0 on May 21.

Southern Company (SO), the second-largest regulated utility in the country, has a mean target price of $46.5—compared to its current market price of $44.5, which implies 4.4% upside for the next year. Mizuho Securities cut Southern Company’s target price from $44.5 to $43.5 on May 29.

According to Wall Street analysts’ consensus, Dominion Energy (D) stock has a potential upside of more than 12% for the next 12 months. The company has a mean target price of $72.08—compared to its current market price of $64.2.

To learn more, read Opportunities Beckon in S&P 500 Utilities.