Macquarie started coverage on shares of Duke Energy Corp. (NYSE:DUK) in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued a neutral rating on the stock.
A number of other firms have also recently commented on DUK. Analysts at ISI Group cut their price target on shares of Duke Energy Corp. from $74.00 to $70.00 in a research note to investors on Thursday, October 10th. They now have a neutral rating on the stock. Separately, analysts at Deutsche Bank upgraded shares of Duke Energy Corp. from a hold rating to a buy rating in a research note to investors on Tuesday, October 1st. They now have a $74.00 price target on the stock. Finally, analysts at Sanford C. Bernstein cut their price target on shares of Duke Energy Corp. from $75.00 to $73.00 in a research note to investors on Friday, September 27th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $75.04.
Shares of Duke Energy Corp. (NYSE:DUK) traded down 0.06% on Tuesday, hitting $68.99. The stock had a trading volume of 669,223 shares. Duke Energy Corp. has a 52-week low of $59.63 and a 52-week high of $75.46. The stock’s 50-day moving average is $66.71 and its 200-day moving average is $69.2. The company has a market cap of $48.701 billion and a P/E ratio of 24.41.
Duke Energy Corp. (NYSE:DUK) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.87 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.94 by $0.07. The company had revenue of $5.88 billion for the quarter, compared to the consensus estimate of $5.73 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 64.4% on a year-over-year basis. Analysts expect that Duke Energy Corp. will post $4.31 EPS for the current fiscal year.
Duke Energy Corporation (NYSE:DUK) is an energy company.
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