Duke Energy Rating Lowered to Neutral at Citigroup (DUK)
A number of other analysts have also recently weighed in on DUK. Analysts at Deutsche Bank downgraded shares of Duke Energy from a buy rating to a hold rating in a research note to investors on Friday. They now have a $69.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Duke Energy in a research note to investors on Wednesday, February 27th. They now have a $69.00 price target on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of Duke Energy to $75.00 in a research note to investors on Monday, February 25th.
Shares of Duke Energy traded up 0.65% during mid-day trading on Friday, hitting $70.16. Duke Energy has a one year low of $59.63 and a one year high of $71.13. The stock’s 50-day moving average is currently $68.32. The company has a market cap of $49.393 billion and a P/E ratio of 22.68.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.