Based on analysts’ estimates, Duke Energy (DUK) has a median target price of $89.5, which reflects a downside of 0.5% from its current price of $89.9 over the next 12 months. J.P. Morgan raised Duke Energy’s target price from $87.0 to $91.0 on February 20. UBS raised the target price from $94.0 to $100.0 on February 15.
Top utilities offer a dull implied gain
Southern Company (SO) stock offers a downside of ~3% over the next 12 months. Analysts gave Southern Company a target price of $49.0—compared to its current price of $50.4. UBS raised Southern Company’s target price from $48.0 to $50.0 last week. SunTrust Robinson Humphrey increased the target from $49.0 to $51.0.
Exelon (EXC), the largest utility by revenues, offers a dull upside potential of ~2% compared to its current market price of $48.7. Analysts have given Exelon a median target price of $49.6. Mizuho Securities cut Exelon’s target price from $47.5 to $47.0 last week. J.P. Morgan raised Exelon’s target price to $51.0 from $48.0.
FirstEnergy (FE) has a target price of $42.1 compared to its current market price of $40.7, which implies an estimated upside of 3.3% for the next 12 months. UBS raised FirstEnergy’s target price from $43.0 to $45.0 last week.