Duke Energy (DUK) stock has a median target price of $88.1, which reflects a potential downside of 1.3% from its current price of $89.5 over the next 12 months.
Analysts seem cautious on Duke Energy stock. Among the 18 analysts surveyed by Reuters that track Duke Energy, 12 recommended a “hold,” one recommended a “strong buy,” four recommended a “buy,” and one recommended a “sell.”
Peers’ target prices
Analysts expect an upside potential of almost 4% from NextEra Energy (NEE) stock based on the median target price of $188.4 and its current price of $181.4
Southern Company (SO) stock offers a potential downside of more than 4% over the next 12 months. Analysts have given Southern Company a median target price of $47—compared to its current price of $49.2.
Many top utilities (XLU) offer trivial upside potential due to their recent strength. To learn more, read How Last Week Went for Utilities: Valuation, Returns, and More.