UBS lifts Duke Energy Corporation [DUK] price estimate. Who else is bullish?


Duke Energy Corporation [NYSE: DUK] stock went on a downward path that fall over -0.27% on Thursday, amounting to a one-week price increase of more than 0.11%. The company report on July 14, 2022 that Duke Energy ignites Florida’s workforce with $697,000 in training, development grants.

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18 Florida-based organizations receive funds to support educational opportunities, career training to help meet local workforce needs.

The Duke Energy Foundation and Duke Energy Florida have awarded $697,000 in grants to support a wide range of workforce training and development initiatives, as well as programs focused on attracting and retaining underrepresented and diverse workers.

Over the last 12 months, DUK stock rose by 4.14%. The one-year Duke Energy Corporation stock forecast points to a potential upside of 7.18. The average equity rating for DUK stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $83.06 billion, with 770.00 million shares outstanding and 769.13 million shares in the current float. Compared to the average trading volume of 2.90M shares, DUK stock reached a trading volume of 2274931 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Duke Energy Corporation [DUK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUK shares is $115.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DUK stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Duke Energy Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 30, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on April 26, 2022, representing the official price target for Duke Energy Corporation stock. Previously, the target price had yet another raise to $120, while Citigroup analysts kept a Buy rating on DUK stock. On February 14, 2022, analysts increased their price target for DUK shares from 108 to 110.

The Average True Range (ATR) for Duke Energy Corporation is set at 2.31, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 3.18. The Price to Book ratio for the last quarter was 1.73.

DUK Stock Performance Analysis:

Duke Energy Corporation [DUK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.11. With this latest performance, DUK shares gained by 3.40% in over the last four-week period, additionally plugging by 3.60% over the last 6 months – not to mention a rise of 4.14% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DUK stock in for the last two-week period is set at 50.86, with the RSI for the last a single of trading hit 52.36, and the three-weeks RSI is set at 49.71 for Duke Energy Corporation [DUK]. The present Moving Average for the last 50 days of trading for this stock 107.90, while it was recorded at 107.15 for the last single week of trading, and 105.02 for the last 200 days.

Insight into Duke Energy Corporation Fundamentals:

Duke Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.


The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Duke Energy Corporation go to 5.91%.

Duke Energy Corporation [DUK] Insider Position Details

There are presently around $51,524 million, or 63.50% of DUK stock, in the hands of institutional investors. The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 68,521,533, which is approximately 2.672% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 50,982,694 shares of the stock with an approximate value of $5.47 billion in DUK stocks shares; and STATE STREET CORP, currently with $4.58 billion in DUK stock with ownership of nearly 8.508% of the company’s market capitalization.

960 institutional holders increased their position in Duke Energy Corporation [NYSE:DUK] by around 22,797,787 shares. Additionally, 686 investors decreased positions by around 23,084,091 shares, while 277 investors held positions by with 434,575,071 shares. The mentioned changes placed institutional holdings at 480,456,949 shares, according to the latest SEC report filing. DUK stock had 137 new institutional investments in for a total of 2,434,354 shares, while 97 institutional investors sold positions of 2,402,344 shares during the same period.