In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Duke Energy (DUK – Research Report), with a price target of $104.00. The company’s shares opened today at $92.90.
According to TipRanks, Byrd is a 4-star analyst with an average return of 5.2% and a 52.01% success rate. Byrd covers the Utilities sector, focusing on stocks such as Duke Energy, FirstEnergy, and PG&E.
In addition to Morgan Stanley, Duke Energy also received a Hold from RBC Capital’s Shelby Tucker in a report issued on May 18. However, on May 10, Bank of America Securities reiterated a Buy rating on Duke Energy (NYSE: DUK).
See the top stocks recommended by analysts >>
The company has a one-year high of $110.24 and a one-year low of $81.23. Currently, Duke Energy has an average volume of 2.98M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1904, North Carolina-based Duke Energy Corporation is an energy company which distributes natural gas and energy related services. It operates through three segments including, Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.
Read More on DUK:
