Duke Energy Corp (NYSE:DUK) has coverage initiated with a Sector Outperform rating and $85.00 price target

ME Staff
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Analyst Ratings For Duke Energy Corp (NYSE:DUK)

Today, Howard Weil initiated coverage on Duke Energy Corp (NYSE:DUK) with a Sector Outperform with a price target of $85.00.

There are 9 Hold Ratings, 7 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Duke Energy Corp (NYSE:DUK) is Hold with a consensus target price of $83.40 per share, a potential 4.75% upside.

Some recent analyst ratings include

  • 7/24/2018-Howard Weil initiated coverage with a Sector Outperform rating.
  • 7/23/2018-Guggenheim Reiterated Rating of Buy.
  • 7/23/2018-JPMorgan Chase & Co. Upgrade from a “Underweight ” rating to a ” Neutral” rating.
  • 7/20/2018-Citigroup Upgrade from a “Sell ” rating to a ” Neutral” rating.
  • 7/10/2018-Barclays initiated coverage with a Equal Weight rating.
  • 6/20/2018-Bank of America Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Duke Energy Corp (NYSE:DUK)
Duke Energy Corp (NYSE:DUK) has insider ownership of 0.08% and institutional ownership of 58.99%.

  • On 5/15/2018 Dhiaa M Jamil, COO, sold 3,800 with an average share price of $76.98 per share and the total transaction amounting to $292,524.00.
  • On 5/14/2018 E Marie Mckee, Director, sold 2,006 with an average share price of $77.49 per share and the total transaction amounting to $155,444.94.
  • On 2/27/2018 Lynn J Good, Chairman, sold 88 with an average share price of $76.52 per share and the total transaction amounting to $6,733.76.
  • On 11/13/2017 Lloyd M Yates, EVP, sold 5,000 with an average share price of $89.95 per share and the total transaction amounting to $449,750.00.
  • On 8/14/2017 Douglas F Esamann, EVP, sold 5,000 with an average share price of $86.22 per share and the total transaction amounting to $431,100.00.
  • On 5/30/2017 E Marie Mckee, Director, sold 1,937 with an average share price of $85.29 per share and the total transaction amounting to $165,206.73.
  • On 5/18/2017 John T Herron, Director, bought 15 with an average share price of $83.33 per share and the total transaction amounting to $1,249.95.

About Duke Energy Corp (NYSE:DUK)
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. This segment serves approximately 7.6 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 95,000 square miles; and owns approximately 49,506 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in various pipeline transmission and natural gas storage facilities. It has approximately 1.5 million customers, including 1 million customers located in North Carolina, South Carolina, and Tennessee, as well as 526,000 customers located in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, builds, develops, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and commercial and industrial customers. This segment has 21 wind and 63 solar facilities with a capacity of 2,907 MW across 14 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. Duke Energy Corporation is headquartered in Charlotte, North Carolina.

Recent Trading Activity for Duke Energy Corp (NYSE:DUK)
Shares of Duke Energy Corp closed the previous trading session at 79.60 −0.37 0.46 % with 80.07 shares trading hands.